Renault chief says to invest $573 mln in S.Korea


SEOUL, Nov 30 (Reuters) - French carmaker Renault plans to invest 600 billion won ($573.1 million) in South Korea over the next three years, its chairman said on Tuesday. Louis Schweitzer, who is in Seoul to celebrate Renault Samsung's launch of its first large sedan, the SM7, also told reporters that the European car maker would build an engine plant in the South Korean port city of Pusan for global supplies. Renault Samsung Motors Inc., South Korea's smallest automaker, had offered ...

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