Ending days of speculation over the future of Mahindra-Renault relationship, Renault finally decided to exit the joint venture by selling its 49% stake to Mahindra. The whole fiasco was based on Mahindra Renault’s entry level sedan, the Logan. After the takeover, the Logan will continue to sell with the Renault logo, however after 18 months, Mahindra plans to rename the car and sell it with only the Mahindra badge. Ranault will continue to support Mahindra by supplying key components such as the engine and transmission for sometime.