Renault, Geely clinch deal for internal-combustion joint venture
Source: Reuters
BEIJING, Nov 8 (Reuters) - Renault SA (RENA.PA) and China's Geely (0175.HK) said on Tuesday they have agreed to launch a new, equally held joint venture that will supply gasoline engines and hybrid technology to the brands they own as well as to other automakers.The agreement represents an important benchmark in a months-long effort by the French automaker to carve out its gasoline car business as a separate…
