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Renault Initiates Joint Venture in Iran

Renault announced that an agreement has been signed for the creation of a joint venture with the Industrial Development & Renovation Organization of Iran (IDRO). Renault will be the majority shareholder.

Renault Marks 15 Years in Brazil

Brazil is now the second biggest market for Renault, and sales there grew by 24.3 percent in 2012, four times as fast as the market (6.1 percent). Brazil is also the fourth-biggest car market in the world.