Photo: original image created by autoevolution
The Renault-Nissan alliance has announced it will invest $160 million in its production facilities in Korea. They’ve done this in order to prepare for the arrival of the next generation of the Nissan Rogue crossover, also known as the Qashqai in Europe.
This will boost production at their Busan factory by about 80,000 units a year. This year the plant aims to build about 180,000 vehicles for sale in Korea and 60 other countries. Production of the new Rogue is scheduled to start in 2014.
“Adding production in Korea shows a commitment across the Alliance to helping Renault Samsung Motors achieve its targets for cost competitiveness and growth,” said Renault-Nissan Alliance Chairman and CEO Carlos Ghosn. “The Busan announcement represents a unique ‘win-win-win’ for Renault, Nissan and RSM, demonstrating the flexibility and power of the Alliance for all partners -- and I am counting on every RSM employee to contribute to the successful completion of this project.”
“Adding production in Korea shows a commitment across the Alliance to helping Renault Samsung Motors achieve its targets for cost competitiveness and growth,” said Renault-Nissan Alliance Chairman and CEO Carlos Ghosn. “The Busan announcement represents a unique ‘win-win-win’ for Renault, Nissan and RSM, demonstrating the flexibility and power of the Alliance for all partners -- and I am counting on every RSM employee to contribute to the successful completion of this project.”
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