Renault of the total 5.7 billion EUR invests about two-fifths of the domestic market. In the coming years, wants the France produce supply, electric cars and some luxury cars for the European market. Production in Western Europe, automaker plans to focus mainly on products with high added value products such as light commercial vehicles, electric cars and batteries.
Renault approaches to change the future outlook for demand for new cars in the world. "Projections for 2016 do not see that the European automobile market returned to its pre-crisis levels by 2007," said car in a statement. "Non-European market would be in the years 2010-2016 to expand by nearly 50 percent."
Last year, Renault sold a record 2.63 million cars and light trucks, mainly due to demand in emerging markets.