Report: Mahindra may look to freeze joint venture with Renault
Last month Renault India confirmed that the partnership was being restructured, but haven't yet indicated where things will go. The apparent option is Mahindra decreasing its equity stake by not investing any further, although another form of equity restructuring might also be in play.
[Source: Automotive News – sub. req.]
- Most and least efficient car companies
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models