Nissan,Renault,M&M to build cars in Chennai-source

Newswire

TOKYO, Feb 23 (Reuters) - Nissan Motor Co. , Renault SA and Mahindra & Mahindra Ltd. will set up a joint car factory in the southern Indian city of Chennai in 2009, a source familiar with the matter said on Friday. Nissan, Japan's third-biggest automaker, had been studying the possibility of joining the existing partnership between the French carmaker and Mahindra as a way into the burgeoning Indian market, and had set a March 9 deadline for the decision. The three automakers will ...

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