RENAULT HAS BIG PLANS IN TANGIER
Renault will eventually be able to produce 350,000 low-cost vehicles per year at the plant it is building in Tangiers, in Morocco, an executive at the French carmaker has said recently.
Renault is counting on its low-cost Dacia range to help it conquer fast-growing emerging markets like Brazil and Russia, as it seeks to boost international growth and cut dependence on stagnating European demand.
Renault next year plans to add two more vehicles to the low-cost, or entry level, Dacia range, currently made up of the Logan sedan and estate cars, the small Sandero and the highly-successful new Duster SUV.
A new family minivan and a light commercial vehicle slightly larger than a Renault Kangoo van, both based on the Logan platform and built at the Tangiers site will complete the Dacia range.
''The maximum capacity for Renault's two lines will be 350,000-360,000, like Pitesti,'' Gerard Detourbet, vice president for Renault's entry-level programme, told Reuters, referring to the historic home base of Dacia, its Romanian subsidiary.
''With Pitesti operating at the maximum level, we asked ourselves, should we boost our capacity in Romania or elsewhere? That's how Tangiers came about,'' he said. Renault has set out new production plans, steering three-fifths of a total of 5.7 billion euros to be invested in industrial sites by 2013 to foreign markets as it seeks to cut its dependency on Europe.
The carmaker's long-awaited new strategic plan, which is due to be presented on February 10, will be split into two three-year tranches, Detourbet added.
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