Mahindra Renault Limited

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Mahindra Renault Limited
Former type Joint Venture
Industry Automotive
Fate Merged
Successor(s) Mahindra & Mahindra
Founded 2007
Defunct 2010
Headquarters Nashik, Maharashtra
Products Automobiles

Mahindra Renault Limited was a joint venture between India's largest utility vehicle manufacturer Mahindra & Mahindra Limited & Renault S.A. of France (51% & 49% respectively). The joint venture was formed in 2007. On April 15. 2010 Mahindra & Mahindra and Renault together announced restructuring plans by which Mahindra would buy Renault's share in the joint venture[1] and Renault would continue to provide the support for M&M through license agreement and continue to be supplier of key components.

Manufacturing facilities[edit]

Mahindra Renault Limited currently has a manufacturing plant in Nashik, Maharashtra with a capacity of 50,000 vehicles per annum.[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.

Models[edit]

Taxi Version of Renault Logan in Bangalore.

The Renault Logan was launched 2007 and became the Mahindra Verito after the ending of the join venture in 2010.[3]

Sales and service network[edit]

Mahindra Renault Limited uses Mahindra & Mahindra Limited's network for the sales and service of Renault branded vehicles in India. It currently has more than 140 dealerships across 125 cities in 24 states and 3 Union Territories of India.[4][dead link]

See also[edit]

References[edit]

  1. ^ "Renault and Mahindra Break Up". www.dailymarkets.com. 
  2. ^ "Mahindra Renault to live with Logan reality". Thehindubusinessline.com. 2010-01-02. Retrieved 2010-12-30. 
  3. ^ "Renault sells stake to M&M in the joint venture". The Hindu. 17 April 2010. Retrieved 17 October 2012. 
  4. ^ http://www.loganlovesindia.com/dealerlocator.asp

External links[edit]