Mexican Media Brands
Renault Gets Environmental OK for Chinese Plant
China's Ministry of the Environment has approved a request from Renault SA and Dongfeng Motor Group Co. to build a joint venture assembly plant in Wuhan.
Share
China's Ministry of the Environment has approved a request from Renault SA and Dongfeng Motor Group Co. to build a joint venture assembly plant in Wuhan.
The 7.2 billion-yuan (€879 million) project still requires the approval of the country's Ministry of Industry and Information Technology and the powerful National Development and Reform Commission.
After years of talks, the two companies signed a memorandum of understanding for the venture in April 2012. Renault is one of the last major global automakers without an assembly facility in China.
The partners aim to initially produce 150,000 passenger vehicles and an equal number of engines annually. Analysts expect the venture to begin by making Renault's Koleos compact crossover vehicle.
Dongfeng already makes SUVs in China with Renault's alliance partner Nissan Motor Co.
RELATED CONTENT
-
Global Supply of Automotive Fasteners from a Single Source
PennEngineering offers a global supply for a wide range of fasteners for the automotive industry, including China-based facilities that manufacture standard and custom products to world-class standards of quality at lower cost.
-
On Automotive: An All Electric Edition
A look at electric vehicle-related developments, from new products to recycling old batteries.
-
TRW Multi-Axis Acceleration Sensors Developed
Admittedly, this appears to be nothing more than a plastic molded part with an inserted bolt-shaped metal component.
