Geely to acquire stake in Renault’s subsidiary in Brazil
China’s Geely and French carmaker Renault Group have signed definitive agreements expanding their strategic partnership to Brazil, marking a new phase in the two automakers’ global cooperation on electrification and emerging markets. Under the deal, Geely will acquire a 26.4 percent stake in Renault’s Brazilian subsidiary, while Renault retains majority ownership and will continue to…









