Renault Acquires Nissan’s Stake In Chennai Plant; Names Stéphane Deblaise As India CEO

(RTTNews) – Renault SA (RNLSY, RNO.PA), a French automobile manufacturer, announced on Friday that it has taken full ownership of its Chennai plant by acquiring Nissan’s remaining 51% stake in their joint venture, Renault Nissan Automotive India Pvt Ltd. The company also announce