UPDATE 2-Nissan, Mahindra, Renault in India car venture

Newswire

(Adds detail, quote, byline) By Rina Chandran CHENNAI, India, Feb 26 (Reuters) - Japan's Nissan is to team up with Mahindra & Mahindra and Renault to invest in a $905 million car project in India, a latecomer to a market where annual passenger car sales are expected to double by 2010. Nissan Motor Co. , Japan's third-biggest automaker, Renault SA , which owns 44 percent of Nissan, and Indian tractor and utility vehicle maker Mahindra & Mahindra Ltd. will build a car factory in ...

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