partner and mitr deliver miniscule volumes of less than 200300 units people close to the company say other than the macro headwinds and slowdown in the market what has compounded matters is that key architects of the jv v sumantran former vice chairman all and andy palmer former chief planning officer at nissan motor co and member of the nissan executive committee leaving their respective organisations and impacting the future plans officials say the jv partners are still giving each other one more year before taking the final inevitable call which may include may include the option one buying the other out but at the same time most believe it may unravel even sooner the lenders a clutch of indian and foreign banks who together have a rs 800rs 1000 crore exposure are also worried about the future of their exposure carlos ghosns tryst with indian partners have always been rocky first the high profile alliance between mahindra and renault for midsize sedan logan came undone subsequently efforts to make an ultra low cost car with bajaj auto also did not bear fruit and that led to a quiet exit by ketan thakkar arijit barman ashutosh r shyam published on jun 24 2015 at 0749 am ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app jv labor issues gopal mahadevan renault india pvt ltd ashok leyland limited nissan motor india pvt ltd bajaj auto limited hinduja group reorganization investments business partnership earnings announcement carlos ghosn nissan motors ashok leyland bajaj auto renault hinduja group india limited homenewsnissanashok leyland jv hits breaking point cuts workforce portfolio