Renault to Take Full Control of Indian Joint Venture from Nissan
Renault Group has announced plans to acquire Nissan’s 51% stake in their Indian joint venture, Renault Nissan Automotive India (RNAIPL), giving the French automaker complete ownership of the operation. Despite the ownership change, the agreement includes provisions for continued collaboration between the companies. Nissan will maintain access to the facility for vehicle production both for … Read more