USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Motoring

Automaker Dongfeng Renault eyes robust sales by 2022

Xinhua | Updated: 2017-11-01 10:36

Automaker Dongfeng Renault eyes robust sales by 2022

The interior of the second-generation Dongfeng Renault Koleos. [Photo provided to chinadaily.com.cn]

WUHAN - Sino-French joint venture Dongfeng Renault Automotive Company (DRAC) said on Tuesday that it aims to sell 400,000 vehicles per year by 2022.

The company expects to expand its sales network to 400 dealers and localize nine models, focusing on SUVs and electric cars.

"We recognize China as the world's largest auto market and as a global trendsetter, and that is why we have made it a strategic priority for growth in Groupe Renault's new mid-term plan 'Drive the Future,'" said Carlos Ghosn, chairman and chief executive officer of Groupe Renault.

He also said that "together with Dongfeng Group, we have the resources, scale and technologies to support DRAC's sustainable growth in the Chinese market."

The company started production in early 2016. It has sold over 60,000 vehicles so far this year.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US