Renault and Brilliance China Automotive form LCV joint venture

Groupe Renault and Brilliance China Automotive signed a binding framework agreement to form a joint venture for manufacturing and selling light commercial vehicles in China. Renault will purchase a 49% stake in Shenyang Brilliance JinBei Automobile Co., Ltd.

“Groupe Renault and Brilliance China Automotive Holdings Limited (CBA) announced the signing of a binding framework cooperation agreement covering the main principles of the formation and operation of a joint venture (JV) in China focusing on the manufacturing and sale of light commercial vehicles (L”alliance-renault-nissan.com

• 1 source
• alliance-renault-nissan.comGroupe Renault and Brilliance China Automotive sign an agreement for cooperation in the Chinese LCV market | Blog of RENAULT NISSAN AllianceJul 5, 2017

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