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Flash Reports
Renault May. Sales moderately up, penalized by India and UK operations


The Renault corporation was founded in 1899 by Louis Renault and his brothers . The first Renault car, the Renault Voiturette 1CV was sold to a friend of Louis’ father after giving him a test ride on 24 December 1898. The family has developed the company with continuous innovation and state of the art design until the end of second World War, when Louis (dead in 1944) was accused of collaboration during the German invasion of French and the Renault was nationalized by De Gaulle. Following a deep economic crisis, the company was privatized in 1996. Since 1999 Renault is a stable partner of Nissan with next perspective to a merge among the tow companies in the next future.