
Renault to Acquire Full Control of India Operations: A Major Shift in the Renault-Nissan Alliance
The French automotive giant Renault announced that it has acquired Nissan's 51% stake in a joint venture called Renault Nissan Automotive India Private Limited (RNAIPL). The company's operations in India now fall completely under the control of Renault, which makes the RNAIPL a Renault subsidiary that