
Renault to acquire Nissan’s 51% stake in Indian auto manufacturing arm
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, reported the news agency Reuters. As per the agency report, Nissan owns 51 per cent of the stake in the Chennai-based subsidiary Renault Nissan Automotive…