PARIS – Renault SA’s plan to reach 3.3 million units in 2009 appears precarious. Already Renault has reduced its projections for sales in Iran from 300,000 units to 200,000, and press reports in India indicate trouble over a new joint-venture factory in Chennai. Mahindra & Mahindra Ltd. reportedly says it won’t pull out of the JV but does plan to cut back on investment in what was to be a $1 billion, 400,000-unit plant with Renault/Nissan Motor Co. Ltd. in Chennai, with production ...
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