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Tag: Renault Samsung Motors

Renault Weathers the Recession of 2009

Posted on November 11, 2022

Renault is French automaker that, in alliance with the Japanese automaker Nissan, is the fourth largest automaker in the world. The company also owns the Romanian automaker Dacia and the Korean automaker Renault Samsung Motors. It is strong in France, South America, and Africa, while its partner Nissan’s core markets are in Japan, North America, and Southeast Asia. The alliance between Renault and Nissan began in 1999 with each company taking shares in the other company: Renault took a 44% stake in Nissan, and Nissan reciprocated with a 15% share of the French car manufacturer. The alliance has proved very successful for both companies, with each company complementing the strength of the other. Nissan develops gasoline engines, while Renault concentrates …

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