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Renault India to restructure Mahindra JV

Published on Tue, Feb 09, 2010 at 12:52 |  Source : Reuters

Updated at Tue, Feb 09, 2010 at 13:47  

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Renault India to restructure Mahindra JV

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BSE | NSE 10/02/12

The Indian unit of French carmaker Renault said on Tuesday its four-year-old joint venture with Indian utility vehicle maker Mahindra & Mahindra to make the no-frills Logan sedan would be restructured.

"We are exploring all options. A final decision on this will be taken in 30 to 45 days," Chief Operating Office Sudhir Rao, Renault India, told reporters.

  

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