Renault says considering Venezuela factory
Renault says considering Venezuela factory
lunes 26 de noviembre de 2012 14:40 GYT
PARIS Nov 26 (Reuters) - French automaker Renault is studying the possibility of creating a factory in Venezuela to increase its production capacity outside struggling Europe.
Renault already has three plants in Latin America - in Argentina, Brazil and Colombia - as well as six factories in France.
The Venezuelan industry ministry and Renault have signed a "letter of intention for the installation of a vehicle assembly plant", the carmaker said in a statement on Monday.
"This signature will enable a feasibility study for local production of vehicles," Renault said.
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