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Auto News Articles - Renault Beats GM For AutoVAZ Stake
News Article
Renault Beats GM For AutoVAZ Stake
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Source: The Car Connection
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Date:12/10/2007
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Source Link: Click Here |
Renault/Nissan appears to have beaten out General Motors in a short contest for a stake in one of Russia's largest automakers and its Lada brand. Carlos Ghosn said in a statement that the companies had signed an agreement that gives the Renault/Nissan alliance a 25-percent stake in the Russian automaker.
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