Renault denies interested in Jaguar and Land Rover
French carmaker Renault denied a British media report that said it was a possible bidder for Ford's luxury UK car brands Jaguar and Land Rover.
A Renault spokesman said that the company’s Chief Executive Carlos Ghosn declared that this kind of acquisition would bring nothing to Renault or the Nissan alliance in short term. According to Reuters, Renault made these comments after in London's City A.M. newspaper on Monday was published information saying that private equity firm Alchemy Partners was lining up a $5.9 billion bid for Land Rover and Jaguar and other possible bidders included Renault.
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Renault S.A. is a French vehicle manufacturer producing small to upper-midsize cars, vans, buses, tractors and trucks.
When its cars were imported to and sold in the United States during the 1950s and 1960s, it was decided to pronounce the name as "Ren-ALT" in marketing to the American public, and the Anglicized pronunciation continues in common usage. However, Renault is correctly pronounced "Rhen-oh" (as it is commonly in the UK) more...
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