Renault SA takes another step in its plans to increase annual sales from 2.5 million to 4 million vehicles by 2010 with the announcement of an agreement to build its Logan small car in India. The right-hand-drive Logan model will be manufactured in India by a proposed 51:49 joint venture between Mahindra & Mahindra Ltd. (M&M) and Renault. Renault Logan Renault Chairman Louis Schweitzer and M&M Chairman Keshub Mahindra this week signed a formal agreement creating the JV, ...
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