GENEVA — Renault SA is closer to purchasing Automobile Dacia, Romania's biggest carmaker, (see WAI Update — Nov. '98, p.3). The deal, expected to close on April 13, would give Renault 51% control of the fourth-largest vehicle group in central and eastern Europe, after Volkswagen AG's Skoda Auto subsidiary in the Czech Republic and Fiat Auto Poland SA and Daewoo Motor Co. Ltd.'s operations in Poland, reports say. Analysts speculate the automaker, which made more than 100,000 vehicles in ...
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