The Renault -Caterham joint venture has officially been dissolved. It was a nice plan at first, but like a lot of nice plans, this one sputtered and died before anything great could come from it. The two sides decided on an amicable split two years after joining forces on what was initially planned as the rebirth of the Alpine brand. The companies were so dedicated at one point, they went so far as to co-found Société des Automobiles Alpine Caterham with the intention of launching a pair of similarly styled sports cars by 2016.
But somewhere along the way, the relationship between the two companies disintegrated. It even came to a point where disagreements on the development of the sports cars caused significant delays. So instead of soldiering on and squashing the tensions between the two sides, both companies chose to drop the project entirely and go their separate ways.
Renault has since acquired full ownership of Société des Automobiles Alpine Caterham and dropped "Caterham" from the official company name. Both companies are moving forward in building new sports cars but will do so independently.
A lot of people, including us, are understandably disappointed that the Renault-Caterham marriage didn’t work. It really had so much promise at the beginning. The thought of a shared sports car that incorporated the Renault Alpine A110-50 Concept had a lot of people in the industry at attention, wondering what these companies could create together.
Surprisingly, there are no hard feelings, as the two brands still plan to work together through "other forms of cooperation," but it doesn’t sound as exciting as building a sports car together.
Oh, well. So much for that.
Click past the jump to read more about Renault-Caterham’s joint venture.