. Medical and Hospital News .




CAR TECH
Renault to set up in China: industry source
by Staff Writers
Beijing (AFP) Nov 27, 2012


French car maker Renault is planning to build a 200,000-vehicle a year plant in China, but needs political support to go ahead, a source with knowledge of the scheme said Tuesday.

For years Renault has left the Chinese market -- the world's biggest -- to its Japanese alliance partner Nissan, as part of their geographical division of markets.

The factory is to be built in Wuhan, in central China, by Renault and its joint venture partner Dongfeng, said the source, who works in the same area.

But an environmental impact assessment still has to be completed and the approval process will take several months, the source told AFP, and was likely to involve high-level political figures from France and China.

"It will be good if the foundation can be laid before the end of 2013," the source said.

The project is already being assessed by the National Development and Reform Commission, China's planning agency which approves all major industrial projects, the China Business News daily reported.

The first phase would cost 6.5 billion yuan ($1.04 billion), the paper reported.

In September, Renault's chief operating officer Carlos Tavares told the Paris Motor Show that a request was "made in early September to Chinese authorities to grant us a licence to manufacture".

"We hope that by the end of the year we will see positive signs," Tavares said.

Dongfeng Group already has joint ventures with Nissan, which has Renault as its biggest shareholder, France's PSA Peugeot Citro�n, and Japan's Honda.

In 1993, Renault set up a joint venture with China Sanjiang Space Group to produce the Traffic minibus, but production stopped in 2003.

According to a report by the consultancy McKinsey, the Chinese market for cars will grow eight percent per year to reach 22 million units in 2020.

Germany's Volkswagen announced Friday it would invest almost $13 billion in its joint ventures in China for 2013-15.

.


Related Links
Car Technology at SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Get Our Free Newsletters
Space - Defense - Environment - Energy - Solar - Nuclear

...





CAR TECH
GM cars to use Apple voice assistant Siri
Los Angeles (AFP) Nov 27, 2012
General Motors said Tuesday it will integrate Apple's voice-activated software Siri in some of its cars next year to allow iPhone users to perform hands-free tasks. GM announced at the Los Angeles International Auto Show it will use the Siri intelligent assistant in the Chevrolet Spark and Sonic LTZ and RS. "Through the cars' standard Chevrolet MyLink infotainment system, customers with ... read more


CAR TECH
Haitian president talks quake relief with Pope Benedict XVI

Storm gives New Yorkers new family - each other

Victims of Hurricane Sandy forgotten in Haiti

European reconstruction bank admits Kosovo

CAR TECH
East Riding Of Yorkshire Council Selects Ctrack For Specialist Vehicle Tracking Solution

Researchers Use GPS Tracking to Monitor Crab Behavior

US Navy, Raytheon receive Pentagon engineering award for GPS-guided precision landing program

Lockheed Martin Completes Critical Environmental Test on GPS III Pathfinder

CAR TECH
A 3-D light switch for the brain

Scientists improve dating of early human settlement

Oldest home in Scotland unearthed

Archaeologists identify spear tips used in hunting a half-million years ago

CAR TECH
Rare rhino fossil preserved by prehistoric volcanic eruption

Estonian brown bears head west

Research finds evidence of a 'mid-life crisis' in great apes

Ecuador's Lonesome George wasn't lonely after all

CAR TECH
New strain of bird virus sweeps across Britain

G.Bissau warns AIDS patients without treatment since coup

Baiting Mosquitoes with Knowledge and Proven Insecticides

Scientists question the designation of some emerging diseases

CAR TECH
Tibetan self-immolates in northwest China

Record numbers flock to take Chinese government test

China passport shows some islands, excludes others

Outcry in Taiwan over rejection of Dalai Lama visit

CAR TECH
Four Chinese hostages freed in Colombia

Piracy will swell again if seas not policed: S.African Navy

Mekong River attackers get death sentences

West African pirates target oil tankers

CAR TECH
Tokyo eyes $10.7 bln stimulus ahead of polls: reports

Walker's World: UK survives EU budget row

China manufacturing grows in November: HSBC

Reforms needed for China growth: premier-to-be Li




The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement