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Article: France : Renault continues regional expansion program.
- Article from:
- TendersInfo
- Article date:
- August 19, 2009
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Byline: pinto03
European vehicle manufacturer Renault is continuing to build upon its range of GCC available models and is expanding its dealership network across the region, despite first half figures that reveal mixed fortunes for the motor industry.
The French marque posted first half losses for the year, but was buoyed by the strong performance from its Romanian Dacia model.
The surprise first quarter profits announcement from the Japanese automotive giant, Nissan, of which Renault owns a 44% stake, is also seen as a vindication for its decision to increase unit production and its view that the outlook for vehicle sales as improving, with ...