Renault SA was formed in 1898 in France .The Company's activities have been organized into two main business sectors, in more than 120 countries; automotive and sales financing. New vehicles, with three ranges; passenger cars, light commercial vehicles and electric vehicles marketed under three badges: Renault, Dacia and Renault Samsung Motors. Vehicles manufactured by Dacia and RSM may be sold under the Renault badge in some countries, used vehicles, and spare parts; Renault powertrains, sold B2B. In services; it provides sales financing, leasing, maintenance, and service contracts. In addition to these two business lines, it has equity investments in the following two companies; Nissan and AVTOVAZ.