In this article we are going to delve into Mahindra Renault, a topic that has aroused great interest in recent times. Mahindra Renault is a topic that has generated controversy and debate in different areas, from politics to science, including culture and society in general. Throughout this article, we will explore the different aspects of Mahindra Renault, analyzing its implications, its relevance and its impact on our daily lives. Using a multidisciplinary approach, we will try to shed light on this complex and fascinating topic, bringing different perspectives and approaches to enrich our understanding of Mahindra Renault.
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Company type | Joint Venture |
---|---|
Industry | Automotive |
Founded | 2007 |
Defunct | 2010 |
Fate | Merged |
Successor | Mahindra & Mahindra |
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 15 April 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.
Mahindra Renault Limited utilized Mahindra's manufacturing plant in Nashik, Maharashtra with a capacity of 50,000 vehicles per year.[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.[citation needed]
The Renault Logan was launched 2007 and became the Mahindra Verito after the ending of the joint venture in 2010.[3]
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]