Founded in 1898, the Renault Group now has five main brands: Renault, Dacia, Renault Samsung, Alpine and Lada. In 2001, the Volvo Group acquired Renault's truck business and acquired two strong brands - Renault and Mark. Although Renault Trucks shares the brand name and logo with Renault, Renault Trucks is actually owned by the Volvo Group and has an electric truck program.