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Friday 4 February 2011

Renault to Invest €5.7bn n European Plants

Ft.com
Feb 02, 2011


Renault said it was investing €5.7bn ($7.8bn) in its European plants between 2010 and 2013, and that 40 per cent of this would go to France, in spite of a “lasting decline” in the continent’s car market.  
The Automotive group said it plans to concentrate on building high value added products in Europe, such as mid and upper-range vehicles, vans, and electric cars and their components.

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