ROUEN, France — Renault SA is acquiring a 49% stake in Autobacs, a Japanese accessory and parts distributor (see WAI — June '98, p.1), as part of an effort to create a company focused on developing a European chain of hypermarket stores selling easy-to-use, adaptable automotive accessories. The acquisition of Autobac's know-how and branch stores is expected to aid Renault in developing its parts and accessory sales in one area of the business, reports say. Renault says its dealers selling ...
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