An employee works on the production and quality control line of the Renault Kangoo car at the Renault Maubeuge Construction Automobile factory in Maubeuge, France, November 8, 2018. REUTERS/Philippe Wojazer
MAUBEUGE, France (Reuters) – France’s Renault (RENA.PA) said it will build new Nissan and Mitsubishi vans at its domestic plants, raising investment in the country as it explores closer integration of the three-way carmaking alliance with government backing.
Renault will build a new Nissan (7201.T) NV250 delivery van at its factory in Maubeuge, northern France, on an architecture shared with its own Kangoo model, which includes an electric version, Renault-Nissan-Mitsubishi said on Thursday.
A larger Mitsubishi (7211.T) model will also be produced in Sandouville alongside Renault’s Trafic van, the alliance said in a statement. The announcement raises Renault’s investment in France this year to 1.4 billion euros ($1.6 billion), it added.
($1 = 0.8757 euros)
(This story corrects Renault’s investment total to 1.4 billion euros in final paragraph)
Reporting by Marine Pennetier; Additional reporting by Laurence Frost in Paris; Editing by Sudip Kar-Gupta and Richard Lough