Renault-Nissan may sell cars through M&M JV
Chanchal Pal Chauhan NEW DELHI MAHINDRA&Mahindra (M&M) and French carmaker Renault are discussing the possibility of selling cars made in Renault-Nissan's manufacturing facility in Chennai through Mahindra-Renault, their 51:49 joint venture. Refuting reports of any break up with the French carmaker, utility vehicle major M&M clarified that both the auto companies are chalking future strategies jointly and are in advanced talks to sell Renault's new cars that will roll out from its (Renault's) upcoming Chennai facility in 2009-10 through the joint venture company.