Renault buyir more of Mac
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RENAULT'S emergence as of the ixorld's leading corn cial vehicle manufacturers ing boosted by a deal to crease its share of Mack Tn. the leading United States hi truck builder.
At present, Renault has per cent share in Mack, and first refusal to take over thi maining 80 per cent of the c pany from its US parent, Si Industries. The present neg tions, which Signal anticip will be concluded quic should increase this further.
Renault bought its first 1C cent stake in Mack in 1979, v it agreed to manufacture thE nault-designed (Vlidliner rani medium weight lorrie France. These vehicles t Mack into the US classes six seven for the first time and I given it a six per cent shar that market.
Mack is the leading Ur States manufacturer of veh over 15 tonnes.
According to Karrier Mo Renault's British sales manufacturing company, Mack deal will have no imrr ate British or European imp tions, but will strengthen nault's presence in Nc America. In the longer ti Mack could be expected to a part in overall Renault c mercial vehicle developn work.
Karrier handles Mack's c supply and service back-u Britain, but no Mack prod are actively sold at presen Mack tipper was to be sold I 1981, but these plans were n pursued.