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Renault (MEX:RNO N) Accounts Payable & Accrued Expense for Financial Companies


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What is Renault Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Renault Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Renault SA (MEX:RNO N) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Address
122/122 bis avenue du General Leclerc, Boulogne, Billancourt, FRA, 92100
Renault manufactures and sells around 2.3 million vehicles per year. On a global scale, it is relatively small, with just over 2% market share. With around 80% of its revenue sourced from only three brands - Renault, Dacia, and Alpine - in Europe, the company is the third-largest player, with Renault being the third-largest single brand in Europe. Its alliance with Nissan allows it to leverage the scale of 6 million vehicles by sharing platform infrastructure, capacity, and R&D.