French automaker Renault will extend closure at its factory in China’s Wuhan until February 13, in line with the Chinese government’s guidance over the coronavirus for employees in the city and extended Lunar New year holidays, a representative stated on Monday. Renault’s factory, where it has hired around 2,000 people, had to resume on February […]
Dongfeng Group
Renault to reopen Wuhan plant with Dongfeng on February 10
Renault is going to resume production at the factory it operates with Chinese automaker Dongfeng Group in Wuhan, Hubei province and the epicenter of the outbreak of a latest flu-like virus, on February 10, a spokeswoman for the French automaker stated on Tuesday. The reopening of the plant is set eight days after the end […]
PSA to sell stake in smaller Chinese tie-up as sales decline
Peugeot maker PSA Group stated it is preparing to sell its 50% stake in an eight-year-old joint venture with Chinese partner Chongqing Changan Automotive which is having a hard time with falling sales. The announcement in Paris on Thursday came after an indication from Changan in regulatory filings in November that it was looking for […]
