Auto Expo 2018: Renault Cars
Established in 1899 by Louis Renault and his brothers, Renault is a multinational automobile manufacturer, headquartered in Boulogne-Billancourt, France. Renault formed a strategic alliance with Japan based auto manufacturer, Nissan in 1999 through a cross-shareholding agreement. The alliance controls nine major brands and is a leading global plug-in electric vehicle manufacturer. Headquartered in Chennai, Renault India Pvt Ltd, is a 100% owned subsidiary of Renault S.A. The company made its first foray in Indian market in 2005 through a joint venture with Indian based automobile manufacturer, Mahindra & Mahindra. In 2010, Renault bought back its shares from Mahindra and formed Renault India Pvt Limited. Renault India launched its first independent model, Fluence saloon in May 2011, followed by Koleos SUV, Pulse hatchback, Duster SUV and Scala sedan. Duster was a game-changing model for Renault that changed its fortunes in India market. Later on, the company added other models to the line-up including Lodgy MPV and Kwid hatchback in the volume segment. Kwid is yet another game-changing model from Renault in the budget space that further cemented its hold in Indian market. Renault cars are manufactured at its production facility located in Oragadam, in the suburbs of Chennai. The manufacturing facility was set up by Renault-Nissan alliance in early 2010 and has a combined annual production capacity of 480,000 vehicles. The company also has a design studio, ‘Renault Design Studio’ in Mumbai, Maharashtra. Set up in 2008, this is the first design house by a foreign manufacturer in the country.