|
RCI Banque
RCI Banque SA (), trading as Mobilize Financial Services and formerly known as RCI Bank and Services and as Renault Crédit International, is a France-based international company that is a wholly owned subsidiary of Renault. RCI Banque specialises in automotive financing, insurance, and related activities for the Renault group brands (Renault, Renault Samsung Motors, Dacia, Lada and Alpine) globally for the Nissan group brands (Nissan, Infiniti, Datsun) in Europe, Russia, Asia and South America; and for Mitsubishi Motors in the Netherlands. History The company was founded by Renault in 1974 as the ''Société Financière de Renault'' or Sofiren, being intended as a way of financing sales for its dealerships and to manage the automaker's cash flow in Europe. On 27 June 1980 it was renamed Renault Crédit International (RCI). In 1990, it merged with Diac (''Diffusion Industrielle et Automobile par le Crédit'') SA, a company formed in 1924 by Louis Renault as a result of the lac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renault
Groupe Renault ( , , , also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and autorail vehicles. According to the Organisation Internationale des Constructeurs d'Automobiles, in 2016 Renault was the ninth biggest automaker in the world by production volume. By 2017, the Renault–Nissan–Mitsubishi Alliance had become the world's biggest seller of light vehicles. Headquartered in Boulogne-Billancourt, near Paris, the Renault group is made up of the namesake Renault marque and subsidiaries, Alpine, Renault Sport (Gordini), Automobile Dacia from Romania, and Renault Samsung Motors from South Korea. Renault has a 43.4% stake with several votes in Nissan of Japan, and used to have a 1.55% stake in Daimler AG of Germany, it was sold off in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Société Anonyme
The abbreviation S.A. or SA designates a type of limited company in certain countries, most of which have a Romance language as their official language and employ civil law. Originally, shareholders could be literally anonymous and collect dividends by surrendering coupons attached to their share certificates. Dividends were therefore paid to whoever held the certificate. Share certificates could be transferred privately, and therefore the management of the company would not necessarily know who owned its shares. As with bearer bonds, anonymous unregistered share ownership and dividend collection enabled money laundering, tax evasion, and concealed business transactions in general, so governments passed laws to audit the practice. Nowadays, shareholders of S.A.s are not anonymous, though shares can still be held by a holding company in order to obscure the beneficiary. In different countries S.A. can be an abbreviation of: * in Galician and European Portuguese (used in Portu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Louis Renault (industrialist)
Louis Renault (; 12 February 1877 – 24 October 1944) was a French industrialist, one of the founders of Renault, and a pioneer of the automobile industry. Renault built one of France's largest automobile manufacturing concerns, which still bears his name. During World War I his factories contributed massively to the war effort, notably so by the creation and manufacture of the first tank of modern configuration, the Renault FT tank. Accused of collaborating with the Germans during World War II, he died while awaiting trial in liberated France toward the end of 1944 under uncertain circumstances. His company was seized and nationalized by the provisional government of France although he died before he could be tried. His factories were the only ones permanently expropriated by the French government. In 1956, ''Time'' magazine described Renault as "rich, powerful and famous, cantankerous, brilliant, often brutal, the little Napoleon of an automaking empire — vulgar, loud, d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volkswagen
Volkswagen (),English: , . abbreviated as VW (), is a German Automotive industry, motor vehicle manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Founded in 1937 by the German Labour Front under the Nazi Party and revived into a global brand post-World War II by the British Army Officer Ivan Hirst, it is known for the iconic Volkswagen Beetle, Beetle and serves as the flagship brand of the Volkswagen Group, the largest automotive manufacturer by worldwide sales in 2016 and 2017. The group's biggest market is in Automotive industry in China, China, which delivers 40 percent of its sales and profits. Its name is derived from the German-language terms and , translating to "people's car" when combined. History 1932–1940: People's Car project Volkswagen was established in 1937 by the German Labour Front (''Deutsche Arbeitsfront'') in Berlin. In the early 1930s, cars were a luxury – most Germans could afford nothing more elaborate than a motorcycle and only one ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asset-backed Security
An asset-backed security (ABS) is a security whose income payments, and hence value, are derived from and collateralized (or "backed") by a specified pool of underlying assets. The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually. Pooling the assets into financial instruments allows them to be sold to general investors, a process called securitization, and allows the risk of investing in the underlying assets to be diversified because each security will represent a fraction of the total value of the diverse pool of underlying assets. The pools of underlying assets can include common payments from credit cards, auto loans, and mortgage loans, to esoteric cash flows from aircraft leases, royalty payments, or movie revenues. Often a separate institution, called a special purpose vehicle, is created to handle the securitization of asset backed securities. The special purpose vehicle, which creates and sells the securities, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a '' sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Car Dealership
A car dealership, or car dealer, is a business that sells new or used cars, at the retail level, based on a dealership contract with an automaker or its sales subsidiary. Car dealerships also often sell spare parts and automotive maintenance services. History of car dealerships in the United States The early cars were sold by automakers to customers directly or through a variety of channels, including mail order, department stores, and traveling representatives. For example, Sears made its first attempt at selling a gasoline-engined chain-drive high-wheeler in 1908 through its mail-order catalog and starting in 1951 the Allstate through select its stores and the catalog. The first dealership in the United States was established in 1898 by William E. Metzger. Today, direct sales by an automaker to consumers are limited by most states in the U.S. through franchise laws that require new cars to be sold only by licensed and bonded, independently owned dealerships. The first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Card
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges). The card issuer (usually a bank or credit union) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance. There are two credit card groups: consumer credit cards and business credit cards. Most cards are plastic, but some are metal cards (stainless steel, gold, palladium, titanium), and a few gemstone-encrusted metal cards. A regular credit card is different from a charge card, which requires the balance to be repaid in full each month or at the end of each statement cycle. In contrast, credit cards allow the consumers to build a continuing balance of debt, subject to interest being charged. A credit car ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warranty
In contract law, a warranty is a promise which is not a condition of the contract or an innominate term: (1) it is a term "not going to the root of the contract",Hogg M. (2011). ''Promises and Contract Law: Comparative Perspectives''p. 48 Cambridge University Press. and (2) which only entitles the innocent party to damages if it is breached: i.e. the warranty is not true or the defaulting party does not perform the contract in accordance with the terms of the warranty. A warranty is not a guarantee. It is a mere promise. It may be enforced if it is breached by an award for the legal remedy of damages. A warranty is a term of a contract. Depending on the terms of the contract, a product warranty may cover a product such that a manufacturer provides a warranty to a consumer with which the manufacturer has no direct contractual relationship. A warranty may be express or implied. An express warranty is expressly stated (typically, written); whether or not a term will be implied int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lease
A lease is a contractual arrangement calling for the user (referred to as the ''lessee'') to pay the owner (referred to as the ''lessor'') for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. Basically a lease agreement is a contract between two parties: the lessor and the lessee. The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use. The term rental agreement can refer to two kinds of leases: * A lease in which the asset is tangible property. Here, the user '' rents'' the asset (e.g. land or goods) ''let out'' or ''rented out'' by the owner (the verb ''to lease'' is less precise because it can r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cleantechnica
''CleanTechnica'' is a US-based website dedicated to aggregating news in clean technology, sustainable energy, and electric vehicles, with a focus on Tesla. Content CleanTechnica publishes stories on a wide range of topics that are cited by mainstream media such as Business Insider (on Lindsey Graham), Reuters (on nanotech for energy storage), ThinkProgress (on wind power in Texas), ''The Washington Post'' (on suburban living), Forbes (on the Byton M-Byte) and Slate (on mask stockpiling during the COVID-19 pandemic). ''ThinkProgress'' have also published their stories in full. In addition to their own stories CleanTechnica publish interviews with notable individuals within clean technology such as fellow at the Post Carbon Institute Richard Heinberg. In collaboration with the quarterly magazine ''The Beam Magazine'' CleanTechnica publish their stories. Starting in 2015 CleanTechnica have held an annual vote among its readers to select a ''Car of the Year.'' Staff The site d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2nd Arrondissement Of Paris
The 2nd arrondissement of Paris (''IIe arrondissement'') is one of the 20 arrondissements of the capital city of France. In spoken French, this arrondissement is colloquially referred to as ''deuxième'' (second/the second). It is governed locally together with the 1st, 3rd and 4th arrondissement, with which it forms the 1st sector of Paris. Also known as Bourse, this arrondissement is located on the right bank of the River Seine. The 2nd arrondissement, together with the adjacent 8th and 9th arrondissements, hosts an important business district, centred on the Paris Opéra, which houses the city's most dense concentration of business activities. The arrondissement contains the former Paris Bourse (stock exchange) and several banking headquarters, as well as a textile district, known as the Sentier, and the Opéra-Comique's theatre, the Salle Favart. The 2nd arrondissement is the home of Grand Rex, the largest movie theater in Paris. The 2nd arrondissement is also the home of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
