Shares Renault Group

Renault Group is the world's major car manufacturer with French origins, engaged in the manufacture of light motor vehicles, trucks and sports cars, as well as utilities under the Renault, Dacia, and RSM brands. Renault Group owns 43% equity share in Nissan Motor, a controlling interest in Avtovaz, and 20% of Volvo Company. Louis Renault, the founder of Renault is known to the world not only as a father of an automobile company but also as an advanced inventor who managed in olden times to develop a gimbal drive that appeared to replace an outmoded chain transmission. In our days, Renault employs more than 120,000 people all keen on automaking. Renault encourages the development of fuel-efficient engines and hybrid and electric transmissions. Likewise, the concern spends aa powerful lot of money on the sports car industry development. Many experts are equally of the opinion that Renault engines are the best-advanced sports power units.