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Renault is a French manufacturer headquartered in Boulogne-Billancourt a suburb of Paris city. It was founded as the Société Renault Frères in 1899 by brothers Louis, Marcel and Fernand Renault. The French automaker first produced the Renault Voiturette 1CV and then in 1903 began to manufacture its own engines.
It first major sale was in 1905 to the French Government to whom it sold its AG1 branded cars which became public taxis. Over the next two years, Renault sold a large number of cars in the UK and America and in 1908 it had produced over 3,500 units allowing it to become the largest car maker in France.
The company branched out into heavy vehicles and developed techniques to mass produce cars and consequently bring their prices down. With the onset of WW1, it all branched out into making ammunition, tanks, and airplanes.
Renault further expanded its design and scope of operations to include tractors and other farm equipment. Its first vehicle to be shown to the public was the 2CV compact car as well as the 4CV compact car which was developed in secrecy during the end stage of the WW2. It further expanded its range of cars over the next 20 years in a variety of body styles including commercial vehicles which were the need of the hour to rebuild liberated France and then help shape its economic history.
Renault went through a major restructuring in the late 1980s and collaborated with Volvo and withdrew from a lot of the motorsports it had entered to reduce costs. It began on a revitalization process and soon began to take steps like a new nomenclature and expansion to various markets.
In 1996, the French automaker went private after it was felt that the government involvement was detrimental to the existence of the company. Under the new regime, it ventured into South America and parts of Central Asia as well as into the production of LCVs.
Despite so many measures to change, the company could not revitalize its fortunes and eventually began to follow a plan of cost-cutting measures which included standard platforms as well as major organizational changes.
It currently supplies engines to a variety of teams in various categories of motorsports including Formula 1 where it ran its own team from 2002-2011 and has since partnered Red Bull Racing since 2008 leading it to four titles from 2010-2014.Renault India Pvt. Ltd. is a fully owned subsidiary of Renault S.A.S., France and currently offers five models in the Indian market – the premium compact car, sedan Fluence, the luxury SUV Koleos, the premium luxury sedan, Pulse, the SUV, Duster and the premium sedan, Scala. Renault India also exports the Duster to right-hand drive markets, with India set to become a production hub for right-hand drive cars. In the present scenario, Renault India also has an extensive presence of 130 dealer outlets covering the country with benchmark sales and service quality. The French automaker will, in the future, enter the A-segment with a model based on the Dacia Towny as well as the MPV segment, with the Lodgy, which will be sold with the Renault badge. Renault offers 5 new car models in India. KWID, Captur, and Duster are among the popular cars from Renault. Renault KWID is the lowest priced model at Rs. 2.76 lakh and Renault Captur is the highest priced model at Rs. 10.00 lakh