April 1, 2025
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Renault buys Nissan’s entire stake in India unit
The Renault Group on Monday announced acquiring the entire 51% stake of Nissan in Renault Nissan Automotive India (RNAIPL), becoming its sole owner.
The deal will not impact Nissan’s operations in India — existing and future production, and new model roll-outs — or lead to any workforce restructuring, a senior company official said at a press conference.
The deal, which is expected to be completed by the end of the first half of this year and financial details of which were not disclosed, further loosens the two-decade-old partnership between French auto major Renault and Nissan and is aimed at making the Japanese carmaker “leaner and more agile”.
