The Renault-Nissan combine has decided to scale down its production plans in Chennai. The combine will now have one common assembly line instead of two production lines proposed earlier, sources close to the development said.
“This is a short-term alignment of the product ramp up. We are continuously evaluating the situation,” a company official said. In the recent past many auto majors have scaled down production and reduced investments due to the slowdown in the industry. More
Courtesy: economictimes.indiatimes.com
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