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The capacity is divided equally between Renault India Private Limited and Nissan Motor India. [3] Renault is constructing a small car powered by an 800cc engine, to compete with Maruti Suzuki's Alto, Hyundai India's Eon and Chevrolet's Spark, in the segment, that makes up for about 40–45% of India's car market.
In September 2008, Renault India opened its fifth global vehicle design studio in Mumbai. [5] In March 2010, Renault India and Nissan India opened a production facility in Chennai, [6] which was established with an initial investment of Rs 45 billion (US$990 million). The plant has a combined annual capacity to produce 480,000 vehicles.
Nissan in India has a portfolio of two brands, Nissan and Datsun. In February 2008, Nissan, together with its global alliance partner Renault signed a MoU with Government of Tamil Nadu to set up a manufacturing plant at Oragadam, near Chennai with an investment of INR 45 billion over a period of 7 years. On 17 March 2010, the Renault-Nissan ...
Share of the SA des Usines Renault, issued 1 January 1932 to Louis Renault. Renault S.A., commonly referred to as Groupe Renault (UK: / ˈ r ɛ n oʊ / REN-oh, US: / r ə ˈ n ɔː l t, r ə ˈ n oʊ / rə-NAWLT, rə-NOH, [7] [8] French: [ɡʁup ʁəno], also known as the Renault Group in English), is a French multinational automobile manufacturer established in 1899. [9]
Mahindra Renault Limited utilized Mahindra's manufacturing plant in Nashik, Maharashtra with a capacity of 50,000 vehicles per year. [2] Renault-Nissan have invested Rs 4,500 Crores to build a manufacturing plant in Chennai which will have a capacity of 400,000 vehicles per annum divided equally between Mahindra Renault Limited and Nissan Motor India Private Limited.
Renault India Private Limited, Datsun, Nissan Motor India Private Limited: Passenger vehicles Ennore, Chennai [19] Ashok Leyland: Commercial vehicles Hosur [19] Ashok Leyland: Commercial vehicles Hosur [43] Kamaz Vectra Motors Limited: Commercial vehicles Chennai [9] TAFE Tractors: Commercial vehicles Kalladipatti [9] TAFE Tractors: Commercial ...
On 12 December 2012, the Renault–Nissan Alliance became the long-term controlling shareholder of AvtoVAZ, Russia's largest car company and owner of the country's biggest selling brand, Lada. [120] According to the terms of the deal, Renault–Nissan is investing 23₽ billion (US$742 million) for 67.13% of the joint venture by mid-2014.
Chennai is nicknamed the "Detroit of Asia" [1] due to the presence of major automobile manufacturing units and allied industries around the city.. A number of big motor companies has presence along the 60 km Automotive Corridor which includes BMW, Ford, Hyundai, Renault-Nissan, Mitsubishi, Caparo Group, Komatsu, Caterpillar, Ashok Leyland, TVS, and others.