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  • Newswire

    UPDATE 1-Renault targets up to 75,000 vehicles/yr at new Algeria plant  

    (Adds details, background) PARIS/Oran, ALGERIA, Nov 10 (Reuters) - French carmaker Renault opened its first plant in Algeria on Monday at a cost of 50 million euros ($62 million) to boost its presence in Africa's second-biggest auto market. The group set an initial production target of 25,000 vehicles a year that could triple for the factory in Oued Tlelat, in the Oran region, which will produce the new Renault Symbol model....More
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