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RNSDF (Renault) Credit Losses Provision


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What is Renault Credit Losses Provision?

Credit Losses Provision only applies to banks.


Renault Business Description

Address
13-15, quai Le Gallo, Boulogne, Billancourt, FRA, 92100
Renault manufactures and sells around 2.2 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 second-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.