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Technology

Exclusive-Geely, Renault in talks over sales, manufacturing deals in Brazil, sources say

Reuters
Summary
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79% Informative

Renault and Chinese partner Geely plan to announce a deal on expanding cooperation to Brazil .

Deal would see Geely taking a minority stake in Renault Brazil and using the latter's Curitiba plant to assemble vehicles there.

The two firms created a thermal engine joint venture last year and have since also started selling cars produced in a jointly owned factory in South Korea .

VR Score

89

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95

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formal

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English

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58

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short-lived

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