Renault, Caterham Breakup Announced
Renault and Caterham have decided to go their separate ways in developing their sports cars.
The joint sports car venture between the two automakers has been officially axed starting the beginning of April, but both automakers will continue focusing on developing their respective models individually. Renault confirmed that its Alpine will go on sale in 2016. Both automakers will continue working together in Formula 1 however.
SEE ALSO: Renault Alpine Mule Caught Testing in Spy Photos
Though the joint venture project has been cancelled, it won’t affect the 300 jobs at the Dieppe factory as a new agreement is in place for the Clio RS until 2018. The joint sports car venture originally began in 2012 and now it’s unclear whether both vehicles will still share any sort of architecture or powertrain.
GALLERY: Renault Alpine A110-50
[Source: Autocar]
Discuss this story at our luxury lifestyle forum
Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
More by Jason Siu
Comments
Join the conversation
Such a shame. It looked like it was going to be AMAZING!