Automotive Industry

Renault counts on Nissan in China; French carmaker joins its Japanese partner in Asia.(News)(Brief Article)

Automotive News Europe, July, 2004 by Saint-Seine, Sylviane de

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Byline: Sylviane de Saint-Seine

Renault is late in joining China's booming passenger-car market because it had its hands full in Japan, Korea and eastern Europe.

While other large automakers were building up joint ventures in China in the past five years, Renault was cementing its alliance with Japan's Nissan, which Renault rescued from near-bankruptcy in 1999.

The French automaker also had work to do at fading Romanian automaker Dacia, which it acquired in 1999, and with Korea's Samsung, which Renault took over in 2000.

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A joint venture in China that Renault launched in ...

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Automotive Industry

Renault counts on Nissan in China; French carmaker joins its Japanese partner in Asia.(News)(Brief Article)

Automotive News Europe, July, 2004 by Saint-Seine, Sylviane de

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