|
|
Article: French auto giant vies for bigger market share
- Article from:
- China Daily
- Article date:
- April 6, 2004
- Author:
CopyrightCopyright 2004 China Daily. Provided by ProQuest LLC. (Hide copyright information)
|
French automaker Renault will soon announce a long-awaited overall
strategy for China, the world's fastest-growing major vehicle market,
according to a company executive.
The strategy, due to be released in summer, will include the
automaker's plans to produce in and export to China, said Patrick
Debrot, president of Renault's Asia-Pacific operation, who declined
to reveal specifics.
Renault is the only global auto giant that does not have a well-
established vehicle manufacturing base in China.
But its Japanese ally, Nissan, last year formed a US$2-billion
joint venture (JV) with Dongfeng Motor Corp, one of China's biggest