Articles Tagged with "Renault"

After 10 years waiting, Dongfeng Renault negotiation finally settled. Dongfeng Renault joint venture project signed contract in Wuhan. Ping XU, chairman of Dongfeng Group, Fushou ZHU, president of Dongfeng, Renault CEO Carlos Ghosn and some other seniormanagement of Renault have present. Both of the companies present big heads to show important of the meeting.

Renault-Nissan will build a second engine with Russian partner AvtoVAZ (AVAZ.MM) and aims to overcome a decline in Lada sales in a market set to overtake Germany within two years, Renault's (RENA.PA) regional boss said on Thursday.

Dongfeng Renault project takes as long as 9 years, but it finally step into end. This Monday, as reporter known from Dongfeng Auto staff, Dongfeng Renault joint venture project has been approved by National Development and Reform Commission. Its plant is initialed, and is expected to finish before the end of next year.