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Three brands, three segments: Renault Brilliance JV eyes annual sales of 150,000 LCVs by 2022

SHENYANG, Liaoning – Brilliance Jinbei is now Renault-Brilliance-Jinbei, after the French automaker signed a formal contract on December 15 with Brilliance China Automotive Holdings Ltd. for the formation of a new joint venture to produce and sell light commercial vehicles (LCV) under the Jinbei, Renault and Huasong brands. The new

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Vision 2022: Dongfeng Renault targeting annual vehicle sales of 400,000 units in new strategy

WUHAN – Dongfeng Renault Automotive Co., Ltd. (DRAC) plans to increase annual vehicle sales to 400,000 units by 2022, expand product mix to nine locally-produced models centered on SUVs including three electric vehicles and double dealer network to 400 with the best level in quality and customer satisfaction, according to

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Renault to drive China growth with 7 new locally-produced models by 2022, eyes sales of 550,000 units

PARIS – Groupe Renault plans to launch seven new locally-produced models in China by 2022, including three electric vehicles, as it plans to increase sales in the world’s largest automobile market by more than 15-fold from just over 36,000 units to 550,000 units. The move is part of Drive the

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Renault-Nissan and Dongfeng to set up new three-way JV to produce EVs

PARIS/BEIJING – The Renault-Nissan Alliance and Dongfeng Motor Group Co., Ltd. announced on August 29 that they have set up a new joint venture – eGT New Energy Automotive Co., Ltd. – to co-develop, produce and sell electric vehicles. Renault and Nissan will each hold 25 percent shares of eGT,

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Renault and Brilliance China sign agreement to form JV to produce LCVs

HONG KONG – Renault and Brilliance China Automotive Holdings Ltd. announced on July 5 they have signed a binding framework cooperation agreement to form a joint venture in China to produce and sell light commercial vehicles. To facilitate the formation of the JV, Brilliance China will acquire a 100 percent

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China factor in Paris

No Chinese automaker exhibited at this year’s Paris Motor Show (in fact none had ever done so at the biennial show). But many of the concepts and new models that made their global debuts at the show, which had a heavy European flavor and was home court advantage for the

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