Mon, Dec 23, 2024

3 Billion Euros from Renault for Eight New Models

3 Billion Euros from Renault for Eight New Models

Renault is counting the days to put 8 new models on the roads by investing 3 billion Euros. 

Although the automotive world was a little shaken after the coronavirus, it managed to get back on track. In the automobile industry, which has had busy days with investments, collaborations and more, an investment of 3 billion Euros has come from the French giant Renault. 

Renault, which is preparing to launch 5 new models in the C and De segments by 2027, has sacrificed 3 billion Euros for a total of 8 new models. In the market where 43 percent of its sales are global, Renault was the best-selling brand with 634 thousand 124 units in 2022. 

Making a statement on the subject, Renault Brand Chief Executive Fabrice Cambolive said: "As our product renewal strategy bears fruit in Europe, we will make the brand more global and more profitable. 

"Renault is also on the offensive in all international markets from now until 2027, with the launch of 8 new vehicles based on fewer production platforms shared between regions, thus increasing our synergies." 

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