Renault : Confirmation of the lead over peers in the circular economy with the creation of “The Future Is NEUTRAL”
>Creation of an entity dedicated to the circular economy, targeting € 2.3bn in sales in 2030 - Renault announced yesterday the creation of a new entity dedicated to the circular economy. Named "The Future Is NEUTRAL" (TFIN) the entity aims to bring together the existing industrial and technological expertise and assets of the group and its partners under a new brand. TFIN operates across the entire automotive circular economy value chain, and is aimed at all players ...Renault is an automobile manufacturer. Co.'s activities have been organized into two main business sectors, in more than 120 countries: Automotive and Sales Financing. Co. designs, develops and sells passenger cars and light commercial vehicles. Following the acquisition of Romanian carmaker Dacia and Samsung Motors' operating assets in South Korea, Co. has three automotive brands: Renault, Dacia and Samsung. RCI Banque, Co.'s captive financing arm, finances sales of the Renault, Renault Samsung Motors (RSM) and Dacia brands, and, in Europe, the Nissan and Infiniti brands. In addition to these two activities, Co. has equity investments in the following two companies: Nissan and AVTOVAZ.
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