Geely takes 26.4% stake in Renault Brazil JV

The Geely-Renault joint venture for Brazil is taking shape, with the former set to take a 26.4% stake and the latter 73.57%. The joint venture will see the two automakers pool their resources to manufacture and sell cars and light commercial vehicles in the region, with Renault having a dominant say in how proceedings are conducted.

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Originally posted on: https://www.automotiveworld.com/news/geely-takes-26-4-stake-in-renault-brazil-jv/