Ghosn boosts Renault's China ties with Brilliance van buy-in

Jul 6, 2017

Ghosn boosts Renault's China ties with Brilliance van buy-in

Renault SA has agreed to acquire almost half of Brilliance China Automotive Holdings Ltd.'s unprofitable minibus unit, giving the French carmaker a foothold in light commercial vehicles in the world's largest auto market. The manufacturers will invest a combined 1.5 billion yuan ($221 million) in ...