Breaking Premium News - Renault, Mahindra to form new production tie-source

French car maker Renault SA and Indian partner Mahindra & Mahindra Ltd. are set to announce a new manufacturing tie-up in India, an industry source said on Thursday.

Renault's Japanese alliance partner Nissan Motor Co. <7201.T> may join the project, the source said.

Nissan previously had been discussing a joint manufacturing project in India with Japanese compact car maker Suzuki Motor Corp.