“The Renault and Geely venture — which doesn’t have an official name yet — will have 17 plants and 19,000 employees, with research centers in Europe, China and South America, and significant synergies in development spending and fixed assets, Renault told investors last year. The venture will also develop technologies for cleaner fuels, which is why Renault has been seeking an energy company as a partner.”

Saudi Aramco Near Deal to Join Renault-Geely Car Venture [Bloomberg]