Renault buys Caterham stake in Alpine as Anglo-French deal collapses
Tue, 10 Jun 2014By Michael Karkafiris
Motor Industry
10 June 2014 10:36
The collaboration between Renault and Caterham officially ended today, with the French company acquiring Caterham’s remaining stake in Alpine.
It marks the end of the road for the Anglo-French collaboration, leaving Renault the sole owner in Société des Automobiles Alpine.
Today’s announcement terminates the 50-50 partnership signed in November 2012 between the two companies, a partnership that started with the promise of building two sister sports cars, one from Alpine and one from Caterham.
The brands announced that they will continue the development of these models on their own, with Renault sticking to its initial plan of bringing back to life the historic Alpine brand in 2016.
The company says that the design of the new Alpine is 90% ready, with the interior design to be finalised in summer 2014.
By Michael Karkafiris