7 Interesting Facts About Renault You May Not Have Known
Renault is a French multinational automobile manufacturer which was established in 1899 and started as a small family business. It's headquartered in Boulogne-Billancourt, near Paris, it offers a range of cars, vans, buses, and more. So far, you probably already know all this, but what you're about to read might sound like brand new information to you.
Interesting Facts About Renault
1. At the beginning of the WW1, Renault switched its production to heavy military equipment, like trucks, artillery carriages, and artillery shells. The Renault FT-17 light tank, was among the most revolutionary tank designs in history.
2. The manufacturer currently owns Automobile Dacia as well as Renault Samsung Motors among many other acquisitions around the world.
3. The Government of France has a 15% stake in the shares of Renault.
4. In 1999, Renault acquired a 99% stake in the Romanian Dacia company, as well as a 36.8% stake in the Nissan company. And in 2008, Renault acquired a blocking shareholding in Russian AvtoVAZ company.
5. The Renault-Nissan Alliance is at the fourth position in the largest global automobile groups list.
6. In 2016 Renault was ranked the ninth biggest automaker in the world and as of 2011, it's the third in the European market.
7. Renault has a very important role to play in the world of motorsport and it has a proven track record of victory with Formula 1 and rallying since 1980.
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