RENAULT-NISSAN ALLIANCE AND UNICREDIT TO LAUNCH A SALES FINANCE JOINT VENTURE IN RUSSIA

MOSCOW (Feb. 14, 2013) – Renault-Nissan Alliance (“Alliance”) and UniCredit have agreed to establish a dedicated automotive bank offering a wide range of financial services to Renault, Nissan and Infiniti brand customers and dealers in Russia. The joint venture will be controlled by the Alliance which will have a 60% […]

RENAULT-NISSAN ALLIANCE AND RUSSIAN TECHNOLOGIES AGREE TO CREATE JOINT VENTURE TO ACQUIRE A MAJORITY STAKE IN AVTOVAZ

•    Renault-Nissan and state corporation Russian Technologies will form joint venture to accelerate product launches and technology transfer to AVTOVAZ, Russia’s largest carmaker. •    Renault-Nissan will invest about US$750 million, and Russian Technologies will favorably restructure debt as they form the joint venture. •    Renault-Nissan will get a majority stake […]