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Renault Racing

Renault Racing (Picture 1)

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Renault is a French vehicle manufacturer that produces racing cars, small cars, medium cars, RVs, and large cars. In 1898, the three brothers of Louis Renault founded the Renault company in Boulogne-Billancourt. It is one of the oldest car companies in the world. Renault first entered the US market for sale between the 1950s and 1960s. On July 19, 2018, the Fortune Global 500 list was released, and Renault ranked 134th. In December 2018, Renault was selected as one of the top 500 global brands in 2018, ranking 79th.

French Renault racing is a frequent visitor to F1. They are used to providing engines to private teams to participate in the competition and have achieved brilliant results. However, since Renault formed a team to participate in the competition, their results have always been a considerable distance from people's expectations. It wasn't until 2004 that the Renault team's performance began to rise. During the preparations for the winter of 2005, the Renault team was the team with the best test results. They won two consecutive championships in 2005 and 2006 for the next two years.

Renault is named after its founder, Louis Renault. In 1898, the three brothers of Louis Renault founded the Renault company in Boulogne-Billancourt. It is the oldest automobile company in the world and one of the top ten automobile companies in the world. During the First World War, it produced guns, ammunition, aircraft and light tanks. After the war, it resumed its traditional production activities, constantly opening up new fields and departments, strengthening ties with other industrial companies, and becoming one of the largest industrial companies in France at that time. . After the outbreak of World War II, France was occupied by the Germans. The factory produced weapons and ammunition for German fascists. In September 1944, it was taken over by the French government and Louis Renault was punished.

Renault was nationalized in 1945, and the government appointed the chairman of the board to form a management organization and changed to its current name. Since 1970, the company allowed employees to buy company shares, but the maximum could not exceed 25%. Since then, the company has quickly recovered and developed, and gradually realized business diversification. Renault is the second largest automobile company in France. Its main products include Renault cars, official cars and sports cars. Renault is one of the most exported vehicles to Germany, and its quality and reliability are also considered top-notch. Today Renault Cars is the largest state-owned enterprise in France.

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