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Renault and Caterham Group announced a joint venture to develop and build future sports cars under the Alpine badge.
The latter will own a 50% stake in the Automobiles Alpine Renault company, which is currently a wholly owned subsidiary of Renault SAS. The cars will be manufactured at the Alpine assembly plant in Dieppe, Normandy, in France.
Substantial support from the French State and the Région Haute Normandie, which also involved the contribution of Dieppe Maritime, will ensure the plant a sustainable future.
''Our ambitions of reviving Alpine depended on our ability to find a partner in order to ensure the economic profitability of such an adventure. Right from the start, we wanted to place the Dieppe plant at the heart of the project,'' said Carlos Tavares, COO of Renault. ''Today, through our partnership with Caterham Group, we can enter a new phase: the design of a vehicle that will embody the very essence of Alpine, a vehicle that will rekindle sporting passion once more. It could become a reality within the next three or four years.''
The latter will own a 50% stake in the Automobiles Alpine Renault company, which is currently a wholly owned subsidiary of Renault SAS. The cars will be manufactured at the Alpine assembly plant in Dieppe, Normandy, in France.
Substantial support from the French State and the Région Haute Normandie, which also involved the contribution of Dieppe Maritime, will ensure the plant a sustainable future.
''Our ambitions of reviving Alpine depended on our ability to find a partner in order to ensure the economic profitability of such an adventure. Right from the start, we wanted to place the Dieppe plant at the heart of the project,'' said Carlos Tavares, COO of Renault. ''Today, through our partnership with Caterham Group, we can enter a new phase: the design of a vehicle that will embody the very essence of Alpine, a vehicle that will rekindle sporting passion once more. It could become a reality within the next three or four years.''