Renault launches "economic car" plan in Morocco

Newswire

RABAT, Jan 28 (Reuters) - French car maker Renault has taken over from Italian rival Fiat a plan to sell a low-cost vehicle in Morocco, industry and government officials said on Wednesday. Renault plans to sell 6,000 of an economic version of its light commercial Kangoo model in 2004. Assembled in the Casablanca-based Somaca plant, the car will have a minimum price tag of 109,900 dirhams (9,980 euros). The plan is an interim one until Renault starts assembling a new "economic car" in ...

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