Renault will announce what extra vehicles it will build in France for alliance partners Daimler and Nissan “within weeks”’, chief executive Carlos Ghosn said in Paris.
“It’s a matter of a few months at the most or even weeks,” he said. The deal to build 80,000 additional vehicles was part of what Ghosn described as “an historic” deal with a majority of the company’s unions in France.
“By the end of 2013 and probably before the summer we will be in a position to announce part or all of these 80,000 vehicles – the sites, production and brands,” he told reporters at Renault headquarters near Paris.
Renault has promised to increase annual domestic production by about 180,000 vehicles to 710,000 by 2016 in return for wage restraint and longer working hours.
But Ghosn cautioned that the deal’s success will depend partly on winning back customers for Renault’s own brand in a market near its weakest in 20 years.
“A part of this increase must come from the growth of Renault’s market share in Europe,” Ghosn said.
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By GlobalData