18 August 2019

Renault eyes bigger slice of Chinese market, paper says

Sino-French joint venture Dongfeng Renault will push for annual sales of 750,000 units in three stages starting in 2016, China Daily reported Thursday. The company will sell 150,000 units in the first stage in 2016, and annual sales will climb to 350,000 in the second step, and then hit 600,000 to 750,000 in the third stage, Jerome Stoll, executive vice-president of Renault SAS, was quoted as saying. Renault currently offers only imported cars in China, mainly crossover model Clios, which are distributed by 80 dealers, the report said.

– Contact HKEJ at [email protected]



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