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Both Louis and Marcel raced company vehicles, but Marcel was killed in an accident during the 1903 Paris-Madrid race.Renault fostered its reputation for innovation from very early on. The price of the smallest Renaults at the time were ₣3000 francs; an amount equal to ten years pay for the average worker.
The smaller were the most popular while the least produced was the 18/24cv.A NM 40cv Tourer had a US list price of over ,600, about the same as a Cadillac V-12.Closed 7-seat limousines started at ,000 which was more expensive than a Cadillac V-16. The Vivasix, model PG1, was sold as the "executive sports" model beginning in 1927.Renault has various joint ventures, including Oyak-Renault (Turkey), Renault Pars (Iran). The French government owns a 19.73% share of Renault as of April 2015.Renault Trucks, previously known as Renault Véhicules Industriels, has been part of AB Volvo since 2001.