Jump to content

Renault aims to almost double Brazilian market share


NINETY EIGHT REGENCY

Recommended Posts

Renault aims to almost double Brazilian market share

October 4, 2010 06:01 CET

SAO PAULO -- Renault SA plans to almost double its share of car sales in Brazil in the next three years through investments and by introducing new vehicles, according to a newspaper report.

Renault, with Japanese affiliate Nissan Motor Co., plans to boost market share to 10 percent from 5.6 percent, Folha de S. Paulo, Brazil's top-selling paper, said, citing Jean-Michel Jalinier, president of the French automaker's local unit.

The company plans to invest 1 billion reais ($591.8 million) in Brazil, the newspaper said. Renault also plans to debut three new models there, according to the report.

Read more: http://www.autonews.com/apps/pbcs.dll/article?AID=/20101004/ANE/101009960/1401#ixzz11Ox4odB2

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...