Tuesday, October 27, 2009

Renault's Woes

Renault's alliances are suffering these days as sales of its cars in Russia and India are declining and tension with its partners are climbing. Renault continually seems to be trying to increase their business prospects by adding cash, such as by gaining new partners when they in fact may need to just be focusing on increasing the technology of their vehicles. By focusing on creating vehicles with higher mileage and less carbon emissions their vehicles could possibly seem more appealing to consumers. Currently however, they have too many (three) partners which may lead to conflicted interest and just plain being pulled into bankruptcy with them. Although it is very possible that situation in the car market could change, especially in Russia, maybe this would be a good time to let go of some of their partnerships and reassess their situation.

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