Renault to Expand in China

“Important discussions” are underway regarding the future implementation of Renault in China, said Thursday Renault chief operating officer, Carlos Tavares at a press conference on the presentation of half-year results of the group.

“Important discussions are now underway,” siad the COO, without giving details.

The French automaker Renault is currently absent from China, where many western manufacturers already have factories and benefit from growth of this market. Its Japanese ally Nissan has already done so.

“There is no doubt that our entry into the Chinese market will be with the help of Nissan,” said Mr Tavares.

“We are in a phase approach, there is no decision on an industrial or technical field at the moment,” said Chief Financial Officer Dominique Thormann.

Renault, which sells for now only a few thousand vehicles in China – the Koleos 4×4 – will expand its range with other models and wants to have 80 dealerships in the country by the end of the year and reaches 130 in 2013.