Renault has resumed partnership talks exploring the possibility of global bearing maker NTN using the French car maker’s subsidiary SNR Roulement as its centre for future development, mainly in Europe.
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The talks will consider especially the optimum use of SNR manufacturing capacities, the choice of Annecy as the major NTN centre for bearing research and development in Europe, and the role of Renault in this partnership.
“In a very competitive market, requiring increasing R&D efforts, the contemplated partnership would therefore allow the consolidation of existing employment and confirm SNR as a technical innovator and important player,” Renault said in a statement on Tuesday.
