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Renault to buy Nissan’s stake in India manufacturing unit, taking full ownership

  • Renault will acquire Nissan's 51 percent stake in a joint factory in Chennai, India, gaining full ownership of the facility that produces Nissan vehicles.
  • The new agreement reduces the carmakers' cross-shareholdings from 15 percent to 10 percent.
  • Nissan will stop investing in Renault's electric vehicle unit, Ampere, but Renault will still make an electric version of the Twingo for Nissan.
  • Tensions arose over Renault's larger stake in Nissan, prompting actions in 2023 to rebalance their alliance.
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The Delta NewsThe Delta News
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Renault and Nissan shift gears on alliance

Renault and Nissan said Monday they had revised their partnership to allow for a reduction in their cross-shareholdings and other measures that would help the financially troubled Japanese carmaker.

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rotherhamadvertiser.co.uk broke the news in on Monday, March 31, 2025.
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