Renault-Nissan to delay auto projects

Global allies Nissan Motor Company and Renault have decided to delay vehicle production projects in India in view of the slowing economy and falling sales of cars and CVs. The auto maker is reviewing projects with an intention to reduce capital expenditure and improve its cash flow.

29 Dec 2008 | 3193 Views | By Autocar Pro News Desk

Global allies Nissan Motor Company and Renault have decided to delay vehicle production projects in India in view of the slowing economy and falling sales of cars and CVs. The auto maker is reviewing projects with an intention to reduce capital expenditure and improve its cash flow.

Nissan and Renault ...

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