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Renault acquires the remaining 51% stake in the Indian JV, gains full ownership of the Chennai manufacturing facility.
Renault Group has received green signal from the fair trade regulator, Competition Commission of India (CCI), to acquire the ...
Fair trade regulator CCI on Monday approved French auto major Renault group's proposal to buy out its Japanese partner Nissan ...
CCI approves Renault's acquisition of Nissan's 51% stake in their Indian joint venture, Renault Nissan Automotive India Pvt ...
Executive, who managed the carmaker’s reworking of its alliance with Nissan, is an ally of previous CEO de Meo ...
LONDON, Feb 6 (Reuters) - Japanese car maker Nissan (7201.T), opens new tab will buy a stake of up to 15% in Renault's (RENA.PA), opens new tab electric vehicle (EV) unit Ampere, the pair said on ...
Both Nissan and Renault have been early entrants into the EV market, with more than a million Nissan EVs sold since 2010 and about 300,000 Renault Zoes delivered since that car went on sale in 2012.
Renault and Nissan have hammered out a historic deal to salvage their troubled 24-year-old alliance and convince both sides that the partnership can survive without its former supremo, Carlos Ghosn.
Renault and Nissan said on Monday they were in talks about the future of their alliance, including the Japanese automaker considering investing in a new electric vehicle venture by its French partner.
Nissan said it plans to invest in Renault's electric vehicle production arm, Ampere, and other "high-value-creation operational projects" throughout Europe, India, and Latin America.
Nissan CEO Makoto Uchida, Renault Chairman Jean-Dominique Senard, Mitsubishi CEO Takao Kato and Renault CEO Luca De Meo pose for a photo at a London news conference to unveil their reshaped alliance.