Wednesday, March 31, 2010

Renault To Hold a Board Meeting

Renault To Hold a Board MeetingReuters reported that Renault SA has ordered a special supervisory board meeting on April 6 to talk about cooperation with Teutonic manufacturer technologist AG. According to unnamed sources, the generalisation of a wager swap beneath 10% has been established.

Renault has yet to promulgation a comment on this matter though. Sources say that the Renault-Nissan group and technologist AG are intellection about taking symbolic wager in each other. Both companies also intend to work on bigger joint projects amid pressure to reduce costs and produce cars with less emission. technologist is reportedly selection to acquire a 3% wager in Renault this April.

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