The Internationalization of Renault : a Strategy of Development in Emerging Countries
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Adrien CHANTOISEAU International Student Student ID : 110134727
MG – 4012 International Marketing
Lecturer : Dr J. BUCKLEY
Continuous Assessment Assignment Research the evolution of international marketing in the industry sector of your choice, considering issues of cultural difference, political and legal matters, and where relevant ethical concerns.
Submitted on December 10, 2010
The internationalization of Renault : a strategy of development in emerging countries
Nowadays, Renault is the car manufacturer of reference in France, ahead of Peugeot and Citroën of the PSA group. The Renault-Nissan alliance, established in 1999 and based on two independent companies with their own culture and their own brand identity, is the fourth largest automotive group in the world. After experiencing some difficulties in the 80's, Renault has developed an aggressive strategy of international development that makes it today one of the key players in the global automotive market. By focusing on cultural, political, legal and ethical issues, we will first explain the different stages and difficulties in the internationalization of the group. Then, we will study its different implementation strategies in the several new markets and finally, we will discuss the consequences of the internationalization of Renault. The story of Renault started on the 24th of December in 1898. The society Renault Frères grew rapidly and in 1903, Fernand Renault started to develop the commercial network of the company and created the first subsidiaries abroad – England, Belgium, Italy, Germany, Spain and the United States. However, because of collaboration during the 2 nd world war, the state became owner of Renault Frères in 1945. During this period, the internationalization was started but limited : only some european countries and french colonies like Algeria were foreign markets. It was