Dow Jones reports that Renault Samsung Motors Corp. has now started a two- shift production system at its Busan plant. Citing a company statement as source, the report says that the move is in response to increasing demand for its cars.

 
The statement said that the new production system will enable the company to manufacture as much as 240,000 cars a year, compared to last year’s production of 117,000 units.

 
Renault Samsung makes two models – the mid-sized SM5 and the compact SM3.

 
According to Dow Jones, the carmaker aims to boost its annual capacity to 500,000 by 2010. Total sales in 2002 totalled 117,067 units, up 65% from a year earlier.

Discover B2B Marketing That Performs

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

Find out more

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now