Renault SA engages in the design and development of automobile vehicles. The company has approximately 30 manufacturing sites for its automobile business. Under cooperative agreements, it also uses facilities operated by its partners, such as General Motors Europe’s site in the U.K. Segments The company’s activities have been divided into two main sectors, Automobile and Sales financing. It also has three strategic investments in associates: AB Volvo, Nissan, and AvtoVAZ. AUTOMOBILE The company designs, develops, and markets passenger cars and light commercial vehicles. It has three automobile brands, Renault, Dacia, and Samsung. In the small-car segment, the company markets six complementary models: Logan, Twingo, Clio II and III, Modus, and Kangoo. Light commercial vehicles: The company offers a range of light commercial vehicles in Europe. Vehicle sizes range from 1.6 to 6.5 tons, thus matching the needs of a customer base. As of December 31, 2008, Dacia brand vehicles were available in 50 countries (Europe, North-West Africa, Turkey, Africa, and Asia). Renault Samsung Motors sells four passenger cars in South Korea (SM5, SM3, SM7, and QM5) covering the M1, M2 S, and SUV segments. Renault Koleos is exported to approximately 40 countries worldwide. Renault Retail Group: This Renault commercial subsidiary distributes products and services for the Renault, Nissan and Dacia brands on around 350 sites in 12 European countries. The product range covers new vehicles, used vehicles and spare parts. It also includes services: servicing, powertrains, bodywork, express repairs (Renault Minute and Renault Minute bodyshops), short-term rental (Renault Rent), financing, and brokerage. SALES FINANCING Sales Financing’s activities are handled by RCI Banque and its subsidiaries. RCI Banque is the entity that finances sales and services for the Renault group brands (Renault, Dacia, Samsung) worldwide and for the Nissan brand, mainly in Europe. RCI Banque group provides a range of financing solutions and services for its three main customer constituencies: consumers and corporate clients, for which RCI Banque provides credit solutions for the acquisition of new and used vehicles, rental with purchase option, leasing and contract hire, as well as the associated services, namely contracts for maintenance, extended warranty, insurance, assistance and fleet management; the networks that distribute Renault, Nissan and Dacia brands, for which RCI Banque finances inventories of new and used vehicles and spare parts, as well as their short-term cashflow needs. The RCI Banque group operates: in France; in 24 European countries, such as Austria, Belgium/Luxembourg, Bosnia Herzogovina, Croatia, Czech Republic, Denmark, Estonia, Finland, Germany, Hungary, Italy, Latvia, Lithuania, the Netherlands, Norway, Poland, Portugal, Serbia, Slovenia, Slovakia, Spain, Sweden, Switzerland, and the U.K.; in the Euromed Region, such as Romania, Morocco, Algeria, Russia and Ukraine; in the Americas Region, such as in Argentina, Brazil, Colombia and Mexico; and in the Africa-Asia Region, such as in South Korea. In 2008, RCI Banque financed 32.1% of new vehicles sold by the Renault group and Nissan brands in the Western European countries in which it operates. The Renault-Nissan Alliance The company holds 44.3% of Nissan and Nissan owns 15% of Renault. Renault and Nissan sold a combined total of 6,090,304 units in 2008. It has a presence in various markets, such as the United States, Europe, Japan, China, India, and Russia. AB Volvo The company is the principal shareholder in Volvo, a truck manufacturer in Europe and worldwide. It holds 20.7% of the outstanding shares of AB Volvo. In the CV sector, the company comprises four brands: Volvo, Renault Trucks, Mack, and Nissan Diesel. Other sectors of activity concern worksite vehicles, coaches and buses, engines, aerospace, and financial services. The commercial vehicle offering ranges from light commercial vehicles to heavy trucks, sold through a network covering approximately 130 countries in Europe, Russia, and North and South America, as well as in Asia. AVTOVAZ In 2008, the company acquired 25% stake in AvtoVAZ, a manufacturer in Russia. The alliance would transform AvtoVAZ into an automotive company with a production capacity of approximately one million vehicles per year. History Renault SA was founded in 1898.
renault sa (RNO:EN Paris)
13-15, quai Le Gallo
Phone: 33 1 76 84 04 04
|Volvo AB||kr81.65 SEK||-0.40|
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