Geely Auto Forms Joint Venture with Renault to Bolster Brand Presence and Market Expansion in Brazil
1 week ago / Read about 0 minute
Author:小编   

Geely Auto and Renault have inked a collaboration agreement to establish a joint venture company, with Renault owning 73.57% of the shares and Geely holding 26.4%. This strategic partnership aims to harness Renault's robust sales network and established ecosystem in Brazil, thereby enhancing Geely's market influence and expediting the rollout and growth of its products in the region.