Go Back   Team-BHP > BHP India > The Indian Car Scene

Thread Tools Search this Thread
Old 10th February 2010, 01:26   #31
Senior - BHPian
Join Date: Jan 2006
Location: NYC/MAA
Posts: 1,358
Thanked: 296 Times

Renault-Nissan should invest in setting up their own dealerships, give the Logan a makeover , market the Micra well and import affordable but funky cars from their stable to attract younger buyers. They'll be making a big mistake if they target the well heeled first. The Teana should have taught them a lesson. No?.
nickatnite is offline   Reply With Quote
Old 10th February 2010, 10:35   #32
Sudan_NFS's Avatar
Join Date: Aug 2009
Location: chennai
Posts: 759
Thanked: 13 Times
Default M&M-Renault joint venture to be revamped

Not all marriages are made in heaven. The equal partnership between French Auto major Renault and India's Mahindra and Mahindra is set to get modified and the change may result in either an exit or in one of the players ending up with a token stake.
Sources said that the two companies are working on various options, including Renault buying out Mahindra's 51 per cent stake in the joint venture or Mahindra buying out Renault's 49 per cent stake. The other option could be Renault having a majority stake, with Mahindra holding a minimal share and Logan and its variants being manufactured out of Nashik on a contract basis.
Both the companies on their part say they are committed to Logan and the venture. But now that the joint venture will be restructured, it future shape will determine the Renault India's road ahead.
Sources say that the discussions have reached the last leg and if there are disagreements now both parties will part ways. Experts say the plate is already full. For M&M, it does not make sense to carry on sick venture but for Renault, M&Mís support is critical till it creates a decent base in India
It seems to be M&M and Renault is in final stage of talks and we would know the result soon.
Sudan_NFS is offline   Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Aston Martin Opens their showroom in New Delhi, their 2nd Dealership in India Ace F355 Super-Cars & Imports in India 1 19th May 2012 20:59
Ducati coming to Bangalore!! Edit - Dealership Open at Lavelle Road. sriramv.iyer Superbikes & Imports 22 9th August 2011 22:19
Now, HM-Mitsubishi to expand their dealership network (22 coming up) GTO Indian Car Dealerships 7 17th September 2010 23:13
Open open open Sesame!! VJ_MAVRICK Shifting gears 12 10th January 2008 15:24
Koyenco-BMW Dealership Confirmed in Gods own country ! maxbhp The Indian Car Scene 10 24th September 2007 17:15

All times are GMT +5.5. The time now is 17:56.

Copyright ©2000 - 2018, Team-BHP.com
Proudly powered by E2E Networks