Renault acquires Caterham’s stake in Alpine sports car company

Renault has increased its stake in Société des Automobiles Alpine Caterham to 100 per cent, following its acquisition of the interest held by Caterham Group.

This acquisition brings to an end to the partnership signed in November 2012 by Renault and Caterham Group to develop and manufacture sports cars through a joint venture, Société des Automobiles Alpine Caterham, which was owned equally by the two partners.

Renault will now continue to develop its own Alpine sports car to be launched in 2016 whilst Caterham Group also plans to continue with its own sports car.

Société des Automobiles Alpine Caterham will now change its name to Société des Automobiles Alpine.