Renault In Talks With AutoNation For Alpine Sales In US: Report

  • Renault ADR RNLSY is in talks with the U.S. auto dealer AutoNation Inc AN to begin selling Alpine sports cars.
  • The move is part of a plan to boost brand building for Alipne cars which have sold only a few thousand vehicles, Bloomberg reported.
  • Renault's CEO, Luca de Meo, said other options are also being perused to accelerate Alpine's North American presence.
  • "It's not easy because we are not present in the US and we have to start from scratch," said de Meo.
  • In November, Renault said it aims to become a Next Gen automotive company built on five focused businesses addressing all the new value chains.
  • Renault's 2022 group revenue totaled €46.4 billion, up 11.4% from 2021.
  • Also ReadNissan, Renault Invest $600M To Produce Six New Models In India
  • Photo Via Wikimedia Commons
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