Renault is going to sign the agreement with Dongfeng in July
- Renault plans to sign an agreement with Dongfeng on the 25th of July in order to set up its first factory in China. The plant that both partners will build in Wuhan should initially have a production capacity of 150,000 cars per year.
- Let us recall that Dongfeng already produce vehicles in Wuhan for the PSA Peugeot-Citroen group, but the agreement between Dongfeng and Renault will of course not affect the agreement between Dongfeng and PSA, Chinese manufacturers are used to working for several foreign carmakers at a time.
- Renault plans to produce in the plant from 2016 the replacement of the Koleos suv, Renault's best-selling model in China in 2012 (imported from Korea), along with sedans. These vehicles will benefit from platforms and engines from the range of Samsung cars and already used in the country by Nissan.
- The production of electric cars is also being considered, responding to a request from the Chinese government that encourages carmakers to launch this type of engine.
- Beyond China, Renault wishes to expand throughout Asia, not leaving his ally Nissan the sales monopoly in this area . Thus, Renault is gaining momentum in India and plans to set up a plant in Indonesia. Renault plans to double its sales in the Asia-Pacific region between 2012 and 2016, to more than 500,000 units per year.
Data source: File #101 - Worldwide production detailed by models
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