Renault of France to expand deal with Mahindra & Mahindra

Renault of France is rumored to be planning to expand their deal with Mahindra & Mahindra to launch more models in the Indian market.

The company is due to come out with their first product Renault Logan in India and they now might aim to launch more cars from their stable.

An inside source said: “The JV, Mahindra Renault Ltd, was initially floated as single vehicle venture, which would produce Logan and its variants. Last week, both the firms agreed to extend it to cover more vehicles from the Renault stables.”

Renault has some exciting products in their lineup including Twingo, Clio and Modus. Its Megane and Laguna are positioned in the upper-end of the car market.

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