A"Companys"Profile""Renault"

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Renault" is" a" French" multinational" automobile" manufacturer," established"
in" the" late" 19th" century" and" widely" recognizable" by" its" diamondAshaped" logo,"
used"since"1972."""
Young" engineer" Louis" Renault" and" his" brothers," Marcel" and" Fernand,"
founded" the" Renault" Corporation" in" 1899" and," three" years" later," the" company"
produced" its" first" engine" and" filed" a" patent" for" the" first" turbo." In" spite" of" being"
over" 100" years" old," Renault" has" not" lost" touch" with" its" French" roots;" the"
companys"head"office"is"currently"located"in"BoulogneABillancourt,"France."
Having"faced"a"series"of"peaks"and"troughs"throughout"the"20th"century""
from,"for"instance,"becoming"Europes"leading"vehicle"producer"in"the"late"1970s"
to" facing" bankruptcy" in" the" mid" 1980s" " ," Renault" managed" to" enter" the" 21st"
century"present"in"118"countries,"employing"127,086"people"in"36"of"those"and"
having"subsidiaries"in"13,"spread"over"4"continents."
Familiar" to" several" generations" of" costumers," Renaults" bestAselling"
models"are"Clio,"Twingo,"Me gane"and"Laguna."As"of"2012,"50%"of"the"group"sales"
are"made"outside"Western"Europe"and"its"five"biggest"markets"are"France,"Brazil,"
Russia,"Germany"and"Argentina.""
"Joining" forces" with" Nissan," RenaultANissan" is" the" worlds" 5th" largest"
vehicle" manufacturer." Renault" alone" has" annual" turnover" and" profits" of" 41.27"
and"1.735"billion"euros,"respectively.""
As" far" as" its" sponsorship" activities" are" concerned," Renault" remains" close"
to"its"core"business"scope,"supporting"rallying"competitions"and"the"development"
of"Formula"1"engines.""
Its" current" activities" are" mainly" related" to" production" issues," since" the"
company"is"building"a"plant"in"India"and"launching"a"new"phase"of"a"lowAcost"one"
in"Morocco.""
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