Renault S.A. is a French multinational vehicle manufacturer established in 1899. The company produces a range of cars and vans, and in the past, trucks, tractors, tanks, buses/coaches and autorail vehicles. In 2011, Renault was the third biggest European automaker by production behind Volkswagen Group and PSA and the ninth biggest automaker by production in the world.
The French-Japanese partnership increased combined global vehicle sales by 2.5%, with higher demand for Nissan vehicles in the U.S. and Renault’s strong performance in a recovering Western Europe helping to lift 2014 global volume to a record for the alliance.
The partnership is forecast to have another strong year in 2015, as the low Euro and Japanese Yen are expected to boost profits. Renault has already seen its profits rise a stunning 86% thanks to the weakening euro while Nissan has seen global revenue increase 2.6% despite losing 2.1% in sales and continued poor performance in key markets.
