posted 6 years ago

Renault and Caterham Group announce partnership

Renault and Caterham Group have announced they are to join forces to design, develop and build future sports vehicles

Renault and Caterham Group have announced they are to join forces to design, develop and build future sports vehicles. Caterham Cars is a highly specialised sports car manufacturer, renowned throughout the world for delivering precision-engineered, high-performance, lightweight cars. The DNA that runs through every Caterham can be traced back to the 1950s, when its first vehicle, the Seven, was designed. Caterham Cars has inspired passion and emotion ever since. It embodies the essence of what a sports car should be.

Tony Fernandes, Caterham Group Chairman said “I have not felt as excited about a new venture since I launched AirAsia in 2001 and I want to thank Carlos Ghosn and Carlos Tavares and everyone in our new Renault family for having the belief in Caterham Group to create this partnership. Many people doubted us 11 years ago when we launched our airline and I am sure that there will be doubters again this time, but we will not fail your trust. We know the markets we are going into and, particularly in my playground in Asia, there is a huge opportunity to replicate the AirAsia model and give consumers access to exciting, affordable products that marry our interests in F1 and technology and help make their dreams come true.”

Renault is known for its role in motor sport and its success over the years in rallying and Formula 1. In the seventies, Renault set up a dedicated motorsport division called Renault Sport, and won the Le Mans 24 Hours with the Renault Alpine A442 in 1978. Carlos Ghosn, Chairman and CEO of Renault said “this innovative partnership with Caterham embodies a longstanding ambition: the creation of a sports car with the Alpine DNA. It carries both opportunities for the Dieppe plant and the development of its historic know-how. Our ambitions of reviving Alpine depended on our ability to find a partner in order to ensure the economic profitability of such an adventure. Right from the start, we wanted to place the Dieppe plant at the heart of the project. Today, through our partnership with Caterham Group, we can enter a new phase: the design of a vehicle that will embody the very essence of Alpine, a vehicle that will rekindle sporting passion once more. It could become a reality within the next three or four years.”

The Dieppe plant will play a central role in the partnership between Renault and Caterham Group, at the heart of the sporting passion shared by the two partners. This is where the future sports vehicles of Renault and Caterham will be built. The project will ensure the Dieppe Plant a sustainable future, thanks to the incentive and to the substantial support and commitment provided by the French State and the Région Haute Normandie which also involved the contribution of Dieppe Maritime.