1. As the cost of international postal delivery is increasing gradually, in response to the need for sustained business development, our company has now decided to fully adjust the order freight calculation rules from May and increase the freight.
2. Shipping to Middle East and the nearby countries re-opened. More countries added.
Headquartered in Boulogne-Billancourt, Renault owns a 43.4% stake in Nissan of Japan, a 99.43% stake in Dacia of Romania, a 80.1% stake in Renault Samsung of South Korea, a 25% stake in AutoVAZ of Russia and a 1.55% stake in Daimler AG of Germany. Renault also owns subsidiaries RCI Banque (providing automotive financing), Renault Retail Group (automotive distribution) and Motrio (automotive parts). Renault Trucks, previously Renault Véhicules Industriels, has been part of Volvo Trucks since 2001. Renault Agriculture became 100% owned by German agricultural equipment manufacturer CLAAS in 2008. Renault has a joint venture in Turkey called Oyak-Renault and one in Iran called Renault Pars.Carlos Ghosn is the current chairman and CEO and the French government owns a 15 percent share of Renault.
As part of the Renault–Nissan Alliance, the company is the fourth-largest automotive group. Together Renault and Nissan are undertaking significant electric car development, investing €4 billion (US$5.16 billion) in eight electric vehicles over three to four years from 2011.
The company's core market is Europe. The company is known for its role in motor sport, and its success over the years in rallying and Formula 1.