Who Owns Renault?

• Parent Company: Renault Group
• Ownership Type: Independent alliance-member
• Company Type: Publicly Traded
• Stock Ticker: Euronext Paris: RNO

• Founded: 1898
• Founders: Louis Renault, Marcel Renault, Fernand Renault

• Founded: 1899
• Headquarters: Boulogne-Billancourt, France
• Company Type: Publicly Traded
• Stock: Euronext Paris: RNO
• Revenue: approximately €46.4 billion (FY2024)
• Employees: Approximately 111,000

Visit Renault Group website

• Headquarters: Boulogne-Billancourt, France
• Manufacturing / Operations: France (Flins, Douai, Batilly, Maubeuge, Sandouville, Dieppe), Spain (Palencia, Valladolid, Seville), Romania (Mioveni), Turkey (Bursa), Morocco (Tangier, Casablanca), Brazil (Curitiba), Argentina (Córdoba), Russia (Moscow), Slovenia (Novo Mesto), South Korea (Busan)

Renault Group has established ambitious sustainability goals targeting carbon neutrality by 2040 in Europe and 2050 worldwide, making it one of the most proactive automotive manufacturers in environmental stewardship. The company's comprehensive climate strategy covers the entire vehicle lifecycle, from design and procurement to production, service, and end-of-life management.

Carbon Neutrality Leadership: Renault aims to achieve net zero carbon emissions in Europe by 2040 and worldwide by 2050, contributing to the Paris Agreement goals. The company has already reduced its carbon footprint by 28% between 2010 and 2023 and pursues a 90% reduction in Scopes 1, 2, and 3 emissions compared to 2019 levels. These targets have been validated by the Science Based Targets initiative, demonstrating Renault's commitment to scientifically-grounded environmental goals.

Electric Vehicle Pioneer: Renault was the first full-line manufacturer to switch to all-electric vehicles, with nearly 700,000 electric vehicles on the road since the launch of the first ZOE over 15 years ago. The company's electric vehicle leadership includes innovative models like the Renault 5 E-Tech electric and Scénic E-Tech electric, which have received significant market recognition. Renault's EV strategy encompasses battery electric vehicles, hybrid technologies, and exploration of hydrogen fuel cell options through models like the Renault Emblème concept car.

Sustainable Manufacturing: Renault implements comprehensive decarbonization across its manufacturing plants, focusing on energy-efficient production processes, renewable energy adoption, and waste reduction programs. The company's climate plan covers both upstream supplier engagement and downstream end-of-life vehicle management, including large-scale reconditioning, dismantling, and recycling programs for vehicles and batteries.

Circular Economy Innovation: Renault has developed pioneering circular economy initiatives, particularly through its Refused Vehicles program and battery recycling facilities. The company operates dedicated plants for reconditioning used vehicles and recycling components, creating closed-loop systems that minimize waste and maximize resource utilization. Renault's circular economy approach extends to battery second-life applications and material recovery programs.

Supply Chain Responsibility: Renault works closely with suppliers to reduce environmental impact throughout the supply chain, focusing on sustainable material sourcing, ethical labor practices, and carbon footprint reduction. The company's supplier engagement programs include requirements for environmental compliance, social responsibility, and continuous improvement in sustainability performance.

Social and Ethical Governance: As a company with significant French state ownership, Renault maintains strong commitments to social responsibility, employee welfare, and ethical business practices. The company's governance structure balances commercial objectives with public service responsibilities, including maintaining manufacturing employment in France and supporting regional economic development.

Renault has received extensive recognition for automotive excellence, innovation, and sustainability leadership, particularly for its electric vehicle developments and design achievements. The company's commitment to quality and innovation has been consistently acknowledged by industry organizations, automotive journalists, and consumer publications worldwide.

Car of the Year Awards: Renault achieved an historic back-to-back victory in the prestigious Car of the Year awards, with the Renault 5 E-Tech electric and Alpine A290 winning Car of the Year 2025, following the Scénic E-Tech electric's victory in 2024. This marks the eighth time Renault has won Car of the Year, making it one of the most successful brands in the award's history. Previous Renault winners include Clio (2006, 1991), Mégane (2003), Scénic (1997), demonstrating the company's consistent excellence across multiple vehicle categories.

Electric Vehicle Recognition: The Renault 5 E-Tech 100% Electric was awarded 'Best Electric Car 2024/2025' by Best Cars of the Year, an independent organization comprising industry-leading car designers, engineers, and automotive experts. This recognition highlights Renault's leadership in the electric vehicle segment and the company's ability to combine innovation with practicality in EV design.

Quality and Reliability Awards: Renault models have received numerous quality and reliability awards from automotive organizations and consumer publications. The company's vehicles have been recognized for build quality, safety performance, and customer satisfaction across various market segments. These awards reflect Renault's commitment to improving product quality and reliability standards across its entire model range.

Design Innovation: Renault's design language and innovative vehicle concepts have received significant recognition from design organizations and automotive publications. The company's focus on distinctive French design aesthetics, combined with practical functionality, has been praised for creating vehicles that stand out in competitive markets while meeting consumer needs effectively.

Sustainability Leadership: Renault's environmental initiatives and carbon reduction programs have been acknowledged by sustainability organizations and environmental groups. The company's leadership in electric vehicle adoption and circular economy practices has been highlighted as exemplary within the automotive industry, particularly its comprehensive approach to vehicle lifecycle management.

Market-Specific Recognition: Renault has received numerous awards and recognition in specific markets, particularly in European countries where the brand maintains strong market positions. These awards include national car of the year awards, customer satisfaction awards, and innovation recognitions that reflect Renault's success in meeting diverse market requirements and consumer preferences.

Renault has faced several significant recalls and controversies throughout its history, including emissions-related investigations, safety issues, and manufacturing quality problems. These challenges have required substantial remediation efforts and have impacted the company's reputation and financial performance at various times.

Diesel Emissions Investigation (2016): Renault came under scrutiny during the broader diesel emissions scandal that affected multiple automotive manufacturers. French anti-fraud investigators raided Renault's premises across France amid inquiries into actual emissions produced by the company's diesel vehicles, which were found to be substantially above test levels. Renault recalled more than 15,000 diesel cars after failed emissions tests and issued press statements reaffirming vehicle compliance, though the investigation created significant reputational damage and legal challenges.

Start-Up Failure Recall (2025): In February 2025, Renault recalled over 15,000 vehicles, primarily Renault R5 E-Tech electric and Alpine A290 models, due to the risk of start-up failure. While the French carmaker emphasized that the issue did not affect driver safety, the recall affected newly launched electric models and required customers to visit dealerships for software updates and potential component replacements.

Handbrake System Recall (2024-2025): Six Renault models produced between April 10, 2024, and January 16, 2025, were recalled in France due to a fault with the handbrake system that could cause vehicles to move when drivers undo seatbelts or try to exit the car. The affected models included various Renault and Dacia vehicles, with the Dacia Duster III produced between October 2024 and October 2025 also impacted. All affected vehicles were repaired for free under the recall program.

Quality Control and Manufacturing Issues: Renault has faced various quality control challenges over the years, particularly with newer model launches and electric vehicle introductions. These issues have included software problems, component failures, and manufacturing defects that have required warranty repairs and customer service interventions. The company has invested significantly in improving quality control processes and manufacturing standards to address these challenges.

Corporate Governance Controversies: The company's complex ownership structure, including French state ownership and Alliance partnerships, has created governance challenges and strategic decision-making complexities. The 2018 arrest of former Chairman Carlos Ghosn on financial misconduct charges created significant management upheaval and led to a complete restructuring of the Alliance governance structure and Renault's leadership team.

Market Position Challenges: Renault has faced criticism for its limited presence in key global markets, particularly China and the United States, which constrains growth potential compared to competitors with broader global reach. The company's strategic focus on European markets, while historically successful, has been questioned in the context of global automotive industry consolidation and changing market dynamics.

Labor Relations and Restructuring: As a major French employer with significant state ownership, Renault has faced labor relations challenges during various restructuring programs and plant closure decisions. These issues have created tensions with labor unions and political authorities, particularly regarding manufacturing footprint decisions and employment levels in France.