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Renault, Nissan and UniCreadit Bank to Create JV for Auto Loans in Russia


Today, February 14th, Renault and Nissan announced their plans to form a JV with Italian bank Unicredit, to offer loans to vehicle customers in Russia. The Renault-Nissan alliance will own 60% of the joint venture and UniCredit will have the rest of 40%. Although the auto market growth in Russia has begun to slow, analysts still expect this market to surpass ...
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