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French Renault Racing

French Renault Racing (Picture 1)

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Renault is a French vehicle manufacturer that produces cars, small cars, mid-size cars, recreational vehicles, and large vehicles. In 1898, the three brothers of Louis Reynolds founded Renault in Boulogne-Billancourt. It is one of the oldest car companies in the world. Renault's first entry into the US market was between the 1950s and the 1960s. On July 19, 2018, the "Fortune" World Top 500 list was released, and Renault ranked 134. In December 2018, Renault was nominated for the World Top 500 in 2018 and ranked 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. But since Renault’s self-organized team, their performance has always been quite a distance from people’s expectations. It was not until 2004 that the Renault team's performance began to rise. During the preparations for the winter of 2005, Renault was the team with the best test results. They won two consecutive championships in 2005 and 2006.

Renault is named after the surname of founder Louis Reynolds. In 1898, the three brothers of Louis Reynolds founded Renault in Boulogne-Billancourt. It is one of the world's oldest car companies and one of the top ten car companies in the world. Production of firearms, ammunition, aircraft and light tanks during the First World War, the restoration of traditional production activities after the war, the opening of new fields and departments, and the strengthening of ties with other industrial companies, becoming one of the largest industrial enterprises in France at the time. . After the outbreak of the Second World War, France was occupied by the Germans. The factory produced weapons and arms for the German fascists. In September 1944, it was taken over by the French government and Louis Reynolds was punished.

In 1945, Renault was nationalized, and the government appointed the chairman to form a management body and changed its current name. Since 1970, the company has allowed employees to buy company shares, but the maximum can not exceed 25%. Since then, the company has quickly recovered and developed, and gradually realized diversification of operations. Renault is the second largest car company in France. Its main products are Renault brand cars, official cars and sports cars. Renault is one of the most exported to Germany, and its quality and reliability are considered top-notch. Today's Renault is the largest state-owned company in France.

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