Consolidating manufacturing platforms
Renault also owns subsidiaries RCI Banque (automotive financing), Renault Retail Group (automotive distribution) and Motrio (automotive parts). Renault Trucks, previously known as Renault Véhicules Industriels, has been part of AB Volvo since 2001.
Renault has various joint ventures, including Oyak-Renault (Turkey), Renault Pars (Iran). Renault Agriculture became 100% owned by German agricultural equipment manufacturer CLAAS in 2008.
The Vivastella's and Grand Renaults had upgraded interior fittings and a small star fitted above the front hood logo.Mary Jo Foley has covered the tech industry for 30 years for a variety of publications, including ZDNet, e Week and Baseline.She is the author of Microsoft 2.0: How Microsoft plans to stay relevant in the post-Gates era (John Wiley & Sons, 2008).Closed 7-seat limousines started at ,000 which was more expensive than a Cadillac V-16. The Vivasix, model PG1, was sold as the "executive sports" model beginning in 1927.Lighter weight factory steel bodies powered by a 3180 cc six-cylinder motor provided a formula that lasted until the Second World War.
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Renault struggled to compete with the increasingly popular small, affordable "people's cars", while problems with the stock market and the workforce slowed the company's growth.