Mexican Media Brands
Report: Renault, Dongfeng Plan €800 Million Factory in China
Renault SA and Dongfeng Motor Group aim to launch a 6.5 billion-yuan (€800 million) assembly plant in Hubei, China, with annual capacity to make 200,000 vehicles, according to China Business News, which cites unidentified Dongfeng sources.
Share
Renault SA and Dongfeng Motor Group aim to launch a 6.5 billion-yuan (€800 million) assembly plant in Hubei, China, with annual capacity to make 200,000 vehicles, according to China Business News, which cites unidentified Dongfeng sources.
Renault is one of few major carmakers with no assembly plant in China. The company and Dongfeng agreed in April to form a joint venture and begin building vehicles sometime between 2013 and 2016.
Dongfeng currently makes SUVs in China through a joint venture with Renault alliance partner Nissan Motor Co. It also has ventures with Honda and PSA Peugeot Citroen.
Chen Guozhang, CEO of Renault's Chinese unit, tells China Business News the Renault-Dongfeng venture will refurbish a factory used by Renault and another a regional maker of special-purpose vehicles nearly 20 years ago. Doing so, Chen says, will enable the partners to launch production quickly by using the government production license granted to the earlier Renault venture.
RELATED CONTENT
-
Plastics: The Tortoise and the Hare
Plastic may not be in the news as much as some automotive materials these days, but its gram-by-gram assimilation could accelerate dramatically.
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
-
On Fuel Cells, Battery Enclosures, and Lucid Air
A skateboard for fuel cells, building a better battery enclosure, what ADAS does, a big engine for boats, the curious case of lean production, what drivers think, and why Lucid is remarkable
