Producing cars since late 1898, the Renault corporation was founded in 1899 as Société Renault Frères by Louis Renault, his brothers Marcel and Fernand, and his friend Thomas Evert. Louis was a bright, aspiring young engineer who had already designed and built several models before teaming up with his brothers, who had honed their business skills working for their father's textiles firm; Louis handled design and production, Marcel & Fernand handled company management.

The first Renault car, the Renault Voiturette 1CV was sold to a friend of Louis' father after giving him a test ride in December 24, 1898. The client was so impressed with the way the tiny car ran that he bought it.

When its cars were exported to the United States during the 1950s and 1960s, the name was commonly mispronounced as "Ren-ALT" to and by the American public, and the Anglicised pronunciation continues in common usage, though the original French has gained significant ground over recent years. In the United Kingdom it is pronounced "REN-o". The French pronunciation is closer to "Ruh-No".

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