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Bucharest
June 13, 2021
BUSINESS

Renault plans to build cars in China

French automaker Renault plans to begin building vehicles in China with Chinese partner Dongfeng, likely as early as 2014, the head of Renault and Japan’s Nissan Carlos Ghosn said, Wall Street Journal informs. “It is gonna happen,” Carlos Ghosn told reporters, adding that the project start could occur between “2014 and 2016”. “Any project of Renault in China will take place with Dongfeng as a partner,” he added. Renault is one of the few major automakers that is not building vehicles in China. It sells only several thousand vehicles there, mostly 4×4 Koleos and a few Laguna and Megane cars. Ghosn noted that Nissan, 44.3 per cent owned by Renault, is already producing cars there with Dongfeng. Last year, Nissan unveiled a five-year 5.4 billion euros investment deal with its partner Dongfeng. The two firms plan to launch 30 new models, including an all-electric vehicle. Nissan estimates it will double its production capacity in China to two million units by late 2015..

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