Increased holding in Colombian subsidiary Sofasa
04 March 2008 09:00
Renault has announced that it intends to increase its holding in its Colombian subsidiary, Sofasa, from 60% to 100% by the end of 2008. The Group will buy the remaining 40% from current holders Toyota and Mitsui. Sofasa, founded in 1969, assembles Twingo, Clio, Megane and, since 2005, Logan.