Renault S.A. (Euronext: RNO) is a French automaker producing cars, vans, and in the past, autorail vehicles, trucks, tractors, vans and also buses/coaches. Its alliance with Nissan makes it the world's third largest automaker. Together Renault and Nissan are leading electric car development among major car companies, investing 4 billion euros ($5.16 billion) in eight electric vehicles over the next 3–4 years. Headquartered in Boulogne-Billancourt, Renault owns the Romanian automaker Automobile Dacia and the Korean automaker Renault Samsung Motors. Renault also owns subsidiaries RCI Banque (providing automotive financing) and Motrio (automotive parts). Renault Trucks, previously Renault Vehicules Industriels, has been part of Volvo Trucks since 2001. Renault Agriculture became 100% owned by German agricultural equipment manufacturer CLAAS in 2008.
Lebanese Carlos Ghosn is the current chairman and CEO. The company's most successful cars to date are the Renault Clio and the Renault Mégane, and its core market is Europe. The company is known for its role in motor sport, and its success over the years in rallying and Formula 1. The French government owns a 15 percent share of Renault.
Renault India Private Limited is the Indian subsidiary of Renault. Renault Nissan Automotive India Private Limited has invested Rs 4,500–5,000 Crores to build a manufacturing plant in Chennai which will have a capacity of 400,000 vehicles per annum by 2015 divided equally between Renault India Private Limited and Nissan Motor India Private Limited. RIPL will launch two models in 2011; the Fluence and Koleos. The Mahindra Renault joint venture continued to manufacturer the Dacia Logan until 2011, when it was facelifted and re-launched as the Mahindra Verito.