Renault plans to spend €230 million ($US280 million) on doubling production in Russia in the medium term, French finance minister Nicolas Sarkozy said on a visit to Moscow.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


According to Reuters, Sarkozy said that there had been problems with importing components for assembly and added he had been assured by the Russian government that they would be dealt with.


“Renault has some customs problems. To increase its production in Russia it has to import a lot of spare parts,” Sarkozy told a news conference after meeting Russian energy and industry minister Viktor Khristenko. “We’ve got a pledge from Khristenko that this problem will be solved.”


Reuters said Renault has a joint venture with the Moscow government, Avtoframos, which imports and assembles its cars in Russia.


Citing the Interfax news agency, Reuters said Renault sold 11,357 cars in Russia in 2003 and plans to sell 16,000 in 2004.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact