M&M may pull out of their JV with Renault-Nissan: Srcs
A in exclusive, sources have told CNBC-TV18 that M&M may pull out of the Renault-Nissan and M&M joint plant in Chennai and focus on the Chakan plant for production. Sources added that Renault-Nissan will now have a 50-50 partnership for the Chennai plant. Renault will, however, continue joint production of Logan at the Nasik plant.