VIENNA – Oyak-Renault Otomobil Fabrikalari A.S., the Turkish joint venture plant owned 51% by French auto maker Renault SA, plans to increase its car and engine production. Luc-Alexandre Menard, Renault senior vice president responsible for the Euromed region, earlier announced an investment of €183 million ($236 million) for this year. The Bursa-based plant plans to increase its annual passenger-car production capacity from 230,000 units to 350,000 by 2008. Currently, Oyak-Renault ...
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