# 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.

- Type: Acquisition
- Announced: 2017-07-05
- Where: Shenyang, China
- Status: announced
- Products: light commercial vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Groupe Renault](https://endata.com/companies/25362.md) (acquirer)
- [Brilliance China Automotive Holdings](https://endata.com/companies/25363.md) (partner)
- [Shenyang Brilliance JinBei Automobile](https://endata.com/companies/25364.md) (target)

## Sources

- [alliance-renault-nissan.com](https://www.alliance-renault-nissan.com/blog/groupe-renault-and-brilliance-china-automotive-sign-agreement-cooperation-chinese-lcv-market), 2017-07-05: "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"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.