Renault-Geely: Renault, Geely create joint venture for hybrid, combustion engines
French automaker Renault and Chinese partner Geely announced a highly anticipated joint venture on Friday that will develop combustion and hybrid engines, aiming to improve the competitiveness of their legacy auto business. The 50-50 venture is a core element of Renault’s strategy to stay in the race against larger competitors by signing multiple partnerships to … Read more
