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Reuters: Renault is set to invest 400 million euros in its Bursa plant located in Turkey


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    Renault to invest 400 million euros in its Bursa plant in Turkey © Reuters. FILE PHOTO: A Renault 5 E-TECH Electric Prototype car is displayed during Renault Group capital market day for its new electric vehicle unit Ampere, in Paris, France, November 15, 2023. REUTERS/Gonzalo Fuentes/File Photo

    PARIS (Reuters) - Renault (EPA:) will invest 400 million euros ($430.92 million) in its Bursa plant in Turkey, which the French carmaker sees as its export hub not only for Europe but for other countries in the world, the company said on Thursday.

    Earlier in the day, Renault said it would make four new models at this site, including a new low cost SUV Duster, according to a spokesperson.

    ($1 = 0.9282 euros)

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