Tag Archives: Tie-up

Renault-Nissan may form a tie-up with Ashok Leyland

Renault-Nissan has hinted that it may go in for a partnership with the Indian firm, Ashok Leyland.

Both the companies are already engaged in talks with the management of Ashok Leyland for the purpose of this agreement.

The companies have anticipated that such a partnership will help both the parties to produce and sell an all new passenger car.

Renault-Nissan has targeted to position the product in between its ultra-low-cost car project and the V-platform car, ‘Micra.’

However, both the companies haven’t confirmed the alliance but it is expected that soon they may end up with an-almost-certain partnership deal.

The Chairman of Renault-Nissan, Carlos Ghosn has informed that his company is all set to work with Ashok Leyland to produce some common projects. He has also denied that there will be no tie-ups between Renault-Nissan and Bajaj.

Ghosn made these statements during the launch of Renault-Nissan’s first ever green-field car plant in Chennai.

According to Ghosn, the new project, that both the companies are looking forward to, will be designed for the Indian market as well as some of the emerging markets across the globe.