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Renault S.A.

Company History

Renault History: Founding, Growth & Key Milestones

Founded 1899 in Boulogne-Billancourt, France

When was Renault founded?

Renault was founded in 1899 in Boulogne-Billancourt, France by Louis Renault, Marcel Renault and Fernand Renault, making it 127 years old.

Founded
1899
Founding place
Boulogne-Billancourt, France
Founders
Louis Renault, Marcel Renault and Fernand Renault
Headquarters today
Boulogne-Billancourt, France
Milestones documented
12 (1899–2025)
Current CEO
François Provost
Acquisitions
3
YearEvent
1899Renault Freres is founded
1899Renault Founded
1945Renault is nationalized
1992Louis Schweitzer becomes CEO
1996Renault is privatized
1999Renault-Nissan Alliance begins
1999Dacia becomes part of Renault
2005Carlos Ghosn Becomes CEO
2018Arrest of Carlos Ghosn
2021Renaulution strategy launches
2025Francois Provost appointed CEO
2025Revenue reaches ~$65.4 billion (EUR57.92 billion)
Where was Renault founded?
Renault was founded in Boulogne-Billancourt, France in 1899. wikidata.org
Who founded Renault?
Renault was founded by Louis Renault, Marcel Renault and Fernand Renault.
When did Renault start?
Renault was founded in 1899.
How old is Renault?
Renault is 127 years old as of 2026.

Founding Story

Louis Renault built his first car, the Voiturette Type A, in 1898 in a shed at the family home in Billancourt, using a direct-drive gearbox he went on to patent. He drove it up Rue Lepic in Montmartre and took his first orders that evening. In 1899 he founded Societe Renault Freres with his brothers Marcel and Fernand. In September 1914, Paris taxis, many of them Renault AG models, carried troops to the First Battle of the Marne, a story that made Renault part of French national history.

Founders

Louis Renault

Louis Renault was the engineering force behind Renault. After building the Voiturette Type A in Billancourt in 1898, he co-founded Societe Renault Freres with his brothers Marcel and Fernand in 1899. Racing success helped prove the cars' reliability. After Marcel's death in 1903 and Fernand's retirement, Louis ran the company alone, expanding into taxis, trucks, aircraft engines and the Renault FT tank of World War I. He was arrested after the 1944 liberation over wartime production for the occupying forces and died in custody that year. The company was nationalized in 1945. Education: Lycée Condorcet. Louis Renault was born in 1877.

Marcel Renault

Marcel Renault co-founded Societe Renault Freres in 1899 and handled much of the early business side with his brother Fernand. He also raced the company's cars and won the 1902 Paris-Vienna race, which gave the young brand international publicity. He was killed in a crash during the 1903 Paris-Madrid race, after which Louis stopped racing himself. Marcel Renault was born in 1872 in Boulogne-Billancourt. Renault was born on May 14, 1872 and died on May 26, 1903, aged 31, from injuries suffered in the Paris-Madrid race. He was a racing driver as well as an industrialist.

Fernand Renault

Fernand Renault co-founded Societe Renault Freres in 1899 and worked on its commercial side, including sales, alongside Marcel. Ill health led him to step back, and he sold his share to Louis before his death in 1909. That left Louis as sole owner of the business. Fernand Renault was born in 1864. Renault was born on November 28, 1864 and died on March 22, 1909.

Key Milestones

1899

Renault Freres is founded

Louis, Marcel, and Fernand Renault founded Renault, building on Louis Renault's early engineering work.

Source: en.wikipedia.org
1899

Renault Founded

Louis Renault, along with brothers Marcel and Fernand, founds Societe Renault Freres after Louis patents a direct-drive transmission system.

Source: en.wikipedia.org
1945

Renault is nationalized

After World War II, Renault became a state-owned French automaker, shaping its role in national industry for decades.

Source: en.wikipedia.org
1992

Louis Schweitzer becomes CEO

Louis Schweitzer became CEO of Renault in 1992. The Nissan alliance Schweitzer built became central to Renault's scale and technology-sharing for the next two decades, and the Dacia relaunch he set in motion grew into a brand contributing roughly 30% of Group vehicle sales by 2025, a lasting structural legacy of his tenure.

Source: en.wikipedia.org
1996

Renault is privatized

Privatization gave Renault more strategic flexibility ahead of international expansion and alliance building.

Source: en.wikipedia.org
1999

Renault-Nissan Alliance begins

Renault's investment in Nissan created a cross-shareholding alliance that shaped Renault's global footprint and strategy.

Source: en.wikipedia.org
1999

Dacia becomes part of Renault

Renault acquired control of Dacia, building the value-brand platform that became central to European and emerging-market growth.

Source: en.wikipedia.org
2005

Carlos Ghosn Becomes CEO

Carlos Ghosn became chief executive of Renault in 2005 while continuing to lead Nissan.

Source: en.wikipedia.org
2018

Arrest of Carlos Ghosn

Carlos Ghosn was arrested in Tokyo in November 2018 and resigned from Renault in January 2019.

Source: en.wikipedia.org
2021

Renaulution strategy launches

The Renaulution plan shifted focus from volume to value, cost discipline, electrification, and brand clarity.

Source: renaultgroup.com
2025

Francois Provost appointed CEO

Francois Provost was appointed Chief Executive Officer effective July 31, 2025, succeeding Luca de Meo's leadership era.

Source: events.renaultgroup.com
2025

Revenue reaches ~$65.4 billion (EUR57.92 billion)

Renault Group reported FY2025 revenue of ~$65.4 billion (EUR57.92 billion) and a net loss driven by Nissan-related accounting impacts.

Source: media.renaultgroup.com

Major Acquisitions

AMC (American Motors Corporation) stake

1979

Renault took a significant ownership stake in American Motors Corporation to gain access to the US market and share vehicle-platform development costs.

Dacia

1999

Renault acquired a majority stake in Romanian automaker Dacia to build a value-focused, low-cost vehicle brand for emerging markets, an idea championed by then-CEO Louis Schweitzer.

Nissan alliance

1999

Renault invested about $5.4 billion for a stake in Nissan, forming what became one of the auto industry's largest cross-border manufacturing alliances, negotiated by then-CEO Louis Schweitzer to give both companies shared scale and technology.

Keep researching Renault

Renault Company History FAQ

What are the major historical milestones in the 125+ year history of Renault Group?

Key historical milestones include founding in 1899 by Louis Renault in Boulogne-Billancourt, Taxis of the Marne in 1914, building the Renault FT tank in 1917, nationalization in 1945, launching the 4CV (1947) and Renault 4 (1961), launching the well-known Renault 5 in 1972, privatization in 1996, forming the Nissan Alliance and acquiring Dacia in 1999, Formula 1 World Championships (2005-2006), Luca de Meo launching Renaulution in 2021, and launching the new electric Renault 5 E-Tech in 2024.

How did the launch of the Renault 4 (4L) in 1961 transform practical family cars?

In 1961, Renault launched the Renault 4 (4L), the world's first mass-produced hatchback with a flat loading floor and tailgate. Rugged, versatile, and affordable, the 4L became a global icon, selling over 8.1 million units across 100+ countries over three decades.

How did the launch of the original Renault 5 in 1972 capture global pop culture?

Introduced in 1972, the stylish, colorful, three-door Renault 5 became a sensation across Europe, capturing over 5.5 million sales and pioneering the modern supermini hatchback with plastic wrap-around bumpers and well-known hot-hatch variants (Renault 5 Turbo).

How did the Renault Espace invent the modern European Minivan (MPV) in 1984?

In 1984, Renault partnered with Matra to launch the Renault Espace, the world's first modern European multi-purpose vehicle (MPV/minivan) with modular seating, flat floors, and a fiberglass body, fundamentally transforming family transportation.

How did Renault dominate Formula 1 racing as a constructor and engine supplier?

Renault pioneered turbocharged engines in Formula 1 in 1977, winning back-to-back F1 World Championships as a factory constructor with Fernando Alonso in 2005 and 2006, and powering 12 F1 World Constructors' Championships as an engine supplier for Williams, Benetton, and Red Bull Racing.

How did the Dacia Logan launch in 2004 create the modern low-cost automotive segment?

In 2004, under Louis Schweitzer, Renault launched the Dacia Logan as the '€5,000 car' for emerging markets. The car was an unexpected smash hit in Western Europe, spawning the Dacia Sandero and Duster and creating one of the most profitable automotive business models in history.

How did the rebalancing of the Renault-Nissan Alliance in 2023 modernize corporate governance?

In 2023, Renault and Nissan finalized a historic rebalancing of their 24-year alliance: Renault reduced its voting stake in Nissan from 43% to an equal 15% reciprocal voting stake, placing excess Nissan shares into a French trust and restoring operational equality between Paris and Yokohama.

What is Renault Group's strategic vision for the future of sustainable mobility?

Renault is dedicated to leading Europe's green mobility transition, producing accessible electric cars made in France (Renault 5 and 4 E-Tech), mastering pragmatic value with Dacia, developing high-efficiency hybrid powertrains with Horse, and achieving net-zero carbon emissions by 2040.

When and where was Renault founded?

Renault was founded on December 24, 1898, in Boulogne-Billancourt, near Paris, France, by brothers Louis, Marcel, and Fernand Renault as Renault Frères.

What was Louis Renault’s breakthrough invention in the 1898 Voiturette?

Louis Renault invented the direct-drive gear mechanism (prise directe), replacing cumbersome chains and belts with a drive shaft and differential gear, demonstrating it by famously driving up the steep Rue Lepic in Montmartre on Christmas Eve 1898.

What was the famous "Taxis de la Marne" event during World War I?

In September 1914, approximately 600 Parisian Renault Type AG taxis were requisitioned by the French Army to transport 4,000 soldiers to the front lines during the Battle of the Marne, becoming an enduring French national legend.

Why was Renault nationalized after World War II in 1945?

Following the liberation of France in 1945, the provisional government led by Charles de Gaulle nationalized the company as the Régie Nationale des Usines Renault (RNUR), producing iconic post-war people’s cars like the rear-engine Renault 4CV and Renault 4.

When was the historic Renault-Nissan Alliance formed?

In March 1999, Renault rescued struggling Japanese automaker Nissan by acquiring a 36.8% equity stake and appointing Carlos Ghosn, creating the historic Renault-Nissan Alliance (later expanded to include Mitsubishi Motors in 2016).

How did the acquisition of Romania’s Dacia transform Renault in 1999?

In 1999, Renault acquired Romanian carmaker Dacia and launched the ultra-affordable Dacia Logan in 2004, creating one of the most profitable value-car franchises in European automotive history (Duster, Sandero).

What is the "Renaulution" strategic turnaround launched by CEO Luca de Meo?

Launched in January 2021 by CEO Luca de Meo, Renaulution shifted Renault’s focus from volume pursuit to margin and value creation, reorganizing the company into dedicated business units: Ampere (EVs/software), Horse (powertrains with Geely), Alpine, and Mobilize.

How did Renault restructure its capital relationship with Nissan in 2023?

In 2023, Renault and Nissan rebalanced their alliance to an equal cross-shareholding of 15% each with voting rights, placing excess Renault shares in a French trust and revitalizing operational project collaboration.

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