Renault gets China government OK for joint venture with Dongfeng

  • 10-Dec-2013 02:00 EST
RenaultGroup_44150_global_en2.jpg

Renault's world headquarters are in Paris.

Currently just an importer, Renault will develop and build vehicles in China under a joint venture with Dongfeng that on Dec. 5 was officially approved by the Chinese federal government. According to a very brief Renault press release on the joint venture, "With the support of both Dongfeng Motor and the Renault-Nissan Alliance, stakeholders of both sides will push forward close cooperation in every sector, notably research and development, purchasing, manufacturing, and marketing." Dongfeng Motor is one of the three largest automakers in China, having sold more than 3 million vehicles in 2012; it is on pace to surpass that figure on 2013, Renault says.

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