Renault SA Acquires stake in Societe des Automobiles Alpine Caterham, brings stake to 100%
- Following a mutual agreement between Renault and Caterham Group, Renault has increased its stake in Socitdes Automobiles Alpine Caterham to 100%, following acquisition of the interest held by Caterham Group. Renault will now continue to develop its own Alpine sports car to be launched in 2016, as initially planned. Caterham Group also plans to continue with its own sports car.