Automotive Industry
Industry: Email Alert RSS FeedNissan joins Renault in Portugal.(News)(Brief Article)
Automotive News Europe, April, 2005 by Oliveira, Paulo Soares de
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Byline: Paulo Soares de Oliveira
Renault and Nissan have combined their Portuguese new-car distribution operations by setting up a jointly owned subsidiary.
Portugal is the fifth market in western Europe where Renault and Nissan have combined distribution. The others are Germany, the Netherlands, Switzerland and Austria.
Renault owns 44.4 percent of Nissan.
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Renault-Nissan Portugal will operate from Renault's Lisbon distribution and financial offices. The managing director will be Bernard Loire, 39. Loire, who joined Nissan Europe in 2002, previously managed Nissan's ...
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