Mahindra and Renault may extend their retailing partnership to sell Renault’s future cars\u00a0 as well. Through the existing Mahindra-Renault a 51:49 joint venture between both the companies are producing and retailing logan presently. Though Mahindra had pulled out of the proposed Rs 4,000 crore tripartite venture with Renault and Nissan to manufacture vehicles at a new plant near Chennai, Mahindra-Renault may be the distribution network to sell renault’s new cars if the talks fruitfy. \u201cWe are negotiating with Renault to sell their new cars, which will be launched in the next two years from Chennai. While there are no talks to take the current joint venture beyond the Logan, and M&M does not wish to introduce any more cars, we are hoping to sell Renault\u2019s cars through our distribution network under Mahindra Renault Ltd,\u201d M&M president (automotive sector) Pawan Goenka said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Mahindra and Renault may extend their retailing partnership to sell Renault’s future cars\u00a0 as well. Through the existing Mahindra-Renault a 51:49 joint venture between both the companies are producing and retailing logan presently. Though Mahindra had pulled out of the proposed Rs 4,000 crore tripartite venture with Renault and Nissan to manufacture vehicles at a … <\/p>\n