Renault Korea
Native name | 르노코리아 주식회사 |
|---|---|
| Formerly |
|
| Company type | Subsidiary |
| Industry | Automotive |
| Founded | 2000 |
| Headquarters | Busan, South Korea |
Key people | Stéphane Deblaise (CEO) |
| Products | Cars |
Production output | 168,622 (2022) |
| Revenue | ₩4,861.96 billion (2022) |
| ₩184.79 billion (2022) | |
| ₩125.52 billion (2022) | |
| Total assets | ₩2,375.51 billion (2022) |
| Total equity | ₩1,552.87 billion (2022) |
| Owners |
|
Number of employees | 3,638 (December 2022) |
| Parent | Renault Group |
| Website | renault |
Renault Korea Co., Ltd. (Korean: 르노코리아) is a South Korean car manufacturer headquartered in Busan where its single assembly site is also located, with additional facilities at Seoul (administration), Giheung (research and development) and Daegu (vehicle testing).
The company was first established as Samsung Motors in 1994 by the chaebol Samsung, with technical assistance from Nissan. In 2000, Samsung Motors' automobile division was sold to Renault, and Renault Samsung Motors was launched. The previous Samsung Motors was liquidated as a paper company. as trade name in March 2022 and as its legal name in August. In December 2022, Geely acquired a minority ownership in the company through capital increase as part of wider partnership agreement with Renault, although it still is a consolidated subsidiary of the latter. In April 2024, the company adopted its present name.
Renault Korea markets a range of cars, including electric models and crossovers.