The Henry Ford of France
Business Today

The Henry Ford of France

Born today, on February 15, 1877, Louis Renault's life oscillated from honour to despair. The founder of France's largest automobile maker - which in 2017 also became the world's largest automobile manufacturer as part of its tripartite alliance with Nissan and Mitsubishi, with 10.61 million vehicles sold - is also the man credited with the invention of the drum brakes, which are standard for the automobile industry even today.
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