France’s second-largest carmaker, which is based near Paris and 15 percent owned by the government, built fewer than a quarter of the 2.83 million cars that rolled off its assembly lines last year in France. With plants around the world, Renault makes its Clio hatchback in Turkeyand is ramping up production at a new 1 billion-euro ($1.29 billion) factory in Morocco.
Source: Bloomberg. Read full article. (link)