In one of the major developments from the Indian car market, Renault will take full operational control over Renault Nissan Automotive India Private Ltd (RNAIPL). Renault will acquire a 51 per ...
RNAIPL recently announced that it has produced more than 2.75 million Renault and Nissan vehicles and over 4.5 million powertrain units from the Chennai facility since its inception in 2010.
New Delhi: French auto major Renault will buy out its Japanese partner Nissan's 51% stake in their Indian manufacturing joint venture, Renault Nissan Automotive India, for an undisclosed amount.
The companies did not disclose the financial specifics of the deal. Renault announced on Monday that it will acquire Nissan's 51 per cent stake in their Indian joint venture, Renault Nissan ...
Renault Group of France and Nissan of Japan have sighed a Framework Agreement by which Renault Group would control 100% equity in Renault Nissan Automotive India Private Ltd (RNAIPL) by ...
Nissan Motor Corporation and Renault Group jointly announced that they are restructuring their alliance, with the Japanese automaker agreeing to sell its 51% stake in their Indian joint venture ...
Renault Group and Nissan have entered into a share purchase agreement to this effect. French auto major Renault on Monday said it will buy out its Japanese partner Nissan's stake in their Indian ...
Renault Group is set to take full control of manufacturing operations in India under its joint venture (JV) with Japanese automaker Nissan. In other words, the French automaker will have complete ...
Renault Group announced on Monday, March 31, that it plans to acquire the remaining 51 per cent shareholding of Renault Nissan Automotive India Private Ltd, which the Japanese automaker holds ...
Your browser does not support the audio element. The Renault Group will take over complete control of the Indian manufacturing operations in a joint venture (JV) with ...
Japan's Nissan will stop manufacturing cars in India and sell its 51% stake in a Chennai factory to Renault. Despite plans for new models, the decision comes after struggling to gain market share.
The deal lowers the minimum required voting stake they must hold in each other to 10%, from 15%. Renault and Nissan agreed to tweak their 25-year partnership, opening the door to further share ...
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