Renault Group CEO Confirms Production Site to Settle in Wuhan, Guangzhou

The newspaper (Reporter Zhou Yang) was the CEO of French Renault Group at the French Culture Year held yesterday. Swift said that Renault will produce a full range of cars including mid- to high-end cars in China. He said that Renault and Nissan jointly rank fourth in the world, and Renault hopes to enter the top three in the Chinese market, but this has no timetable. Louis. Svets said that Renault’s car, which was listed in Europe less than 6000 Euros four weeks ago, was very popular, and he believes the car is also very competitive in China. Louis. Svez said the car was the first "Logan" economic car to be listed in Romania in September. Logan is Renault’s low-cost strategic vehicle for emerging markets such as Eastern Europe. Renault's sedan has entered China with twists and turns. The initial sedan project, Sanjiang Renault, has been dead, and Renault's reentry into Renault is very cautious. In the selection of production bases, there have been several versions in the industry. Yesterday, Louis Swicz confirmed again that the car production base will be located in Guangzhou and Wuhan. He said, "The timetable for launching cars in China depends on the time of the Chinese government's approval. It is estimated that the first batch of cars (Meganna) will be produced in 2006." For models produced in China, "some are already produced in France, some It is a new model for the Chinese market." When talking about his French opponent Peugeot Citroën, he said that, as in other countries in the world, Renault's competition with PSA Peugeot Citroen also exists. However, he predicted that Renault’s market share will definitely increase. He said that a good product and a good price will guarantee the occupation of the market. "Of course a good product must also have good publicity. For example, F1 is a good way."
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