Renault is a French car making company which has been in the manufacturing business since 1899. The company started with the manufacture of trucks, tractors, tanks, coaches, buses and auto rail vehicles. However later it shifted its manufacturing ideas and started to make cars and vans of different ranges. In the year 2011, the company was the third biggest automobile company in production just behind Volkswagen Group and PSA. The core market of this company is Europe and they have a great reputation in motor sports. The company traditionally has an important role in rallying and Formula 1.
Renault has consistently made popular cars through the years. The popularity of the cars that they manufacture are testament to the great research that the company does before they start manufacturing any product. The company makes use of the best technology and helps in the promotion of new technology in the market. This is the reason why they are of so much importance.