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In 1898, the French company Renault, specializing in the manufacture of automobiles, was founded. The brand was founded by the brothers Louis and Marcel Renault, each of whom took on certain functions in the development of the company.
Louis was the director and chief engineer responsible for the creation of automobiles, and Marcel took over the functions of working with finance and advertising.
Since 1966, an alliance was concluded with Renault's main competitor in the automotive market of France - the Peugeot concern, which became the brand’s technological partner for a long time.
As a result of this cooperation, several major contracts were signed, and in 1971, the Swedish company Volvo joined the partnership of two French companies, becoming Renault's technological partner in the field of creating commercial and freight trucks.
In 1992, work began on the creation of a city car with low fuel consumption and small dimensions, which would increase the company's share in the automotive market of Western Europe. So the light was seen by the Twiggo model, which received a 1 liter power unit from the Japanese company Nissan.
In the same year, Renault bought the ruined Romanian brand Dacia, having at its disposal its production facilities.
In 1998, the Renault-Nissan concern began to produce universal platforms that could be used to create cars of each of the brands, without the need to additionally spend money on developing models from scratch.
In 2006, another automaker was bought by the French concern, this time the South Korean Samsung Motors, which became the official supplier of Renault and Nissan cars in South Korea and China.
In addition, a joint venture was created with Samsung Electronics, which began to create computers for future models of the French brand.
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