Updated On: 21 October, 2009 01:14 PM IST | | PTI
Dropping a hint that all is not well in its partnership with Mahindra & Mahindra, French auto major Renault on Wednesday said if things did not work out, it can sever ties and may even drive in its new product in India with a different partner.
Dropping a hint that all is not well in its partnership with Mahindra & Mahindra, French auto major Renault on Wednesday said if things did not work out, it can sever ties and may even drive in its new product in India with a different partner.
Renault, which has a joint venture with M&M that sells entry level sedan Logan, has been a subject of speculation over its relationship with the Indian partner and declining sales of the car had put a question mark over the future of the JV - Mahindra Renault Pvt Ltd, in which the French firm has 49 per cent stake.