Renault is a French automaker founded in 1898. It has grown to become one of the largest car manufacturers in Europe, selling over 800,000 vehicles annually between 2005-2008. Renault aims to be one of the top 3 car and commercial vehicle brands in Western Europe and maintains a presence in 118 countries globally. While Renault experienced growth in vehicle sales and market share in 2008, it saw a decline in net income compared to 2007 driven by rising costs and a challenging economic environment. Going forward, Renault's strategy will focus on maximizing revenue, reducing costs, and improving free cash flow to strengthen financial performance in the future.
3. History 1898 Louis Renault created company 1904 120 Dealers and 948 cars 1907 Plane engines 1913 10,000 cars 1944 Louis Renault dies 1959 Worlds 6 th largest 1976 Renault Sport 1996 Privatised 2008 Partner with VAZ
4. Mission Statement “ TO MAKE & SUSTAIN RENAULT AS THE MOST PROFITABLE AND COMPETITIVE EUROPEAN VOLUME CAR COMPANY”
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7. Vehicle Volumes By Region (000’s) RCI BANQUE February 2009 2007 279 283 2008 Europe 2008 2007 497 447 2007 Americas 46 2008 47 43 2007 EuroMed 2008 41 Asia Africa France 2007 2008 32 40 World 2008 2007 898 858
8. Differentiated Premium Price Stategy Unit Cost & Unit Price (€) Low High Volume Margin for Quality Player Industry Cost Curve Premium Price Prevailing Price (Source: www.strategycompass.com, McNamee, 2004)
15. Defining the Business Customers PRODUCTS First-time buyers Teens Professionals Family Fleet Twingo Clio Megane Laguna Espace Koleos
16. Boston Matrix Market Growth Rate 0% 2.0 2% 4% 1.0 0.01 Relative Market Share Megane Clio Laguna Koleos Espace Twingo Stars Problem Children Cash Cows Dogs
17. Competitor Analysis Theory Competitor Leader/ follower Growth rate Competition Goals Strengths Weaknesses Follower Low Severe Dominance Quality Negative perceptions of brand Leader High Severe Remain Dominant Tailored Products Bad publicity with certain product lines Follower Low Severe Growth Targets price-driven customers Identified poor after-sales service Leader High Severe Remain Dominant Partnered with BMW Safety Issues