Renaultsport to acquire 50 percent share in Caterham

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Renaultsport, Renault’s performance arm, is acquiring a 50 percent share in the United Kingdom-based Caterham sports car manufacturer, according to a new report.

The firms will co-develop a light mid-engine sports car that is scheduled to arrive at United States dealerships in 2015.

Renaultsport will reportedly equip the car with gearbox and suspension, while Caterham will design and build the chassis and body components.

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