Renault sees tough competition in China

Newswire

LA BAULE, France, May 27 (Reuters) - Renault will likely break into the hot Chinese market via a joint venture with local manufacturer Dongfeng but it does not expect to be one of the top players in the world's fastest-growing major car market, a top company executive said on Thursday. Executive Vice President Georges Douin, who is responsible for Renault's development outside western Europe, reiterated that Renault was in talks to establish a joint venture with Dongfeng, which already ...

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