Entity Dossier
entity

Louis Renault

Strategic Concepts & Mechanics

Capital StrategyDynastic Primogeniture Against Dilution
Signature MoveBusiness Lunches Not Society Dinners
Competitive AdvantageSleeping on Gold Bags Earns Trust
Signature MoveBank Without Tellers or Savers
Signature MovePrimogeniture to Prevent Capital Dilution
Risk DoctrineThree-Legged Stool Across Sovereigns
Cornerstone MoveMagical Triangle From War's Wreckage
Identity & CultureFortune-Rebuilding as Core Competence
Cornerstone MovePersonal Liability as Nationalization Shield
Cornerstone MoveGold Bags to Gold Points — Liquidate at Peak
Signature MoveSecrecy as the Operating System
Risk DoctrineMonarch's Fortune on the Line
Strategic PatternCaptive Market Before Mass Market
Strategic PatternPrizes and Spectacles as R&D Accelerators
Capital StrategyPartnership Limited by Shares as Power Weapon
Signature MoveRegistration Numbers Not Names
Identity & CultureClan Secrecy Forged in Clermont Soil
Signature MovePencil Stubs and Metro Rides for the Boss
Cornerstone MoveRescue the Customer, Own the Industry
Signature MoveApprentice Files Scrap Metal Under a False Name
Competitive AdvantageSupplier Fragmentation as Secrecy Architecture
Operating PrincipleFacts on the Floor Not Reports in the Office
Cornerstone MoveSelf-Finance Until the World Is Too Small, Then Debt-Fund Continental Conquest
Competitive AdvantageCustomer as Battering Ram Against Intermediaries
Signature MoveLocked Doors Even Against de Gaulle
Cornerstone MoveMake the World Need More Tires Before Selling Them
Signature MoveSabotage Your Own Tires for the Enemy
Cornerstone MoveWartime Radial in a Basement, Peacetime Dominance for Decades

Primary Evidence

"During the some one hundred and forty years over which the Lazard saga unfolds, many fortunes have been built in France. Brilliant industry captains emerged. None survived the test of time. Forgotten, Louis Renault. Squandered, the considerable fortunes of André Citroën or the perfumer François Coty."

Source:Mm. Lazard Freres et Cie: A Saga of Fortune (translated)

"No matter. In April 1933, to take up the challenge posed by Louis Renault, whom Citroën detests and who has just expanded his facilities on the Seguin Island, the French Ford, more confident than ever in his intuitions, goes all-in once again. He decides to demolish Javel and within five months, build the most beautiful car factory on the continent, covering one hundred and twenty thousand square meters."

Source:Michelin: A Century of Secrets

"In Clermont, the engineers of the company do not want to hear about the “Salmon 200 HP” engines sent by the Ministry of War to equip the Breguet-Michelin. They demand the most powerful and lightest engines possible “to rise quickly, fly long and with certainty.” The only ones matching what the Michelin people want are those manufactured in Billancourt by Louis Renault. Moreover, the planes need to be equipped with bomb launchers and sights capable of carrying four hundred kilos of projectiles with a range of four hundred kilometers. These proposals are finally accepted. Very quickly, André Michelin obtains the demobilization of the engineer responsible for tire manufacturing who is in Auxerre. He will organize, in record time, the production for the Minister of War. Five versions of these Breguet-Michelin will be studied, and two models—equipped with Renault engines—will be mass-produced. When the war ends, seven planes will leave the workshops of Clermont-Ferrand each day. A fantastic pace."

Source:Michelin: A Century of Secrets

"And since automobile manufacturers—except for Louis Renault, who created an aviation department within his own company—are doing nothing for aviation, since scientists, some clergy, and politicians enjoy disparaging these “extravagant young people who defy gravity,” it’s best to make a big move. Even more spectacular than that of Archdeacon and Deutsch de la Meurthe! The Company, in any case, will perform an excellent operation."

Source:Michelin: A Century of Secrets

Appears In Volumes