Renault planning to build cars in China within four years

Article by Christian A., on August 2, 2011

Renault S.A. is creating a strategic plan in order to commence production in China by 2016, the company’s new chief operating officer, Carlos Tavares, disclosed at a half-year results press conference last Thursday.

Tavares further revealed that first, they will have to establish a dealer network in the Chinese market. He also stated that the company currently sellsa low quantity of vehicle units in China, mainly the Koleos SUV built by Renault Samsung in Korea.

He added that sales figures are expected to start low anyway. In a separate interview, Tavares revealed to Bloomberg Television that the company’s strategic plan for China will have a manufacturing component.

"It's a reasonable goal," he said, referring to the launch of production by 2016. The company’s likely partner in this enterprise would be Dongfeng Motor Corp., which is also the joint venture partner of its alliance partner Nissan Motor Co.

In the Bloomberg interview, Tavares commented on the Nissan-Dongfeng joint venture as "one of the best partnerships in the industry." However, a Renault manufacturing venture would be a strategic reversal of sorts for the alliance.

Previously, Chief Executive Officer Carlos Ghosn of Nissan and Renault had mentioned that Nissan should take the lead role in the fast-growing market in China. In fact, during the first half of 2011, Nissan was China’s second bestselling brand with sales of 386,079 vehicles, based on the data of J.D. Power & Associates.

On the contrary, Renault sold only a few thousand imports in the country. However, the French government wants Renault to seek growth opportunities in markets like Brazil and China, according to a May report of the Financial Times.

Topics: renault, china

If you liked the article, share on:

Comments

Recommended

Are you a big fan of legendary boxer Mike Tyson, the former heavyweight world champion? Or are you a big fan of the iconic Ferrari F50? Either way, you will...
by - February 24, 2017
It seems that AM-RB 001 hypercar is not the only vehicle project that Aston Martin and Red Bull Racing has gone into. This time, don’t expect something as outlandish as...
by - February 24, 2017
The year 2018 marks the golden anniversary of Subaru of America. Of course, the company will celebrate 50 years of being at the helm of the brand’s crusade in North...
by - February 24, 2017
During car crashes and accidents, there are times that its occupants can’t get out easily. There are times when the only way to get out of that situation is to...
by - February 23, 2017
Could this be a special version of Ferrari’s much acclaimed LaFerrari? No matter how we look at it, the patent images for this sports car from Ferrari indicate its striking...
by - February 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries