在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Motoring

Renault puts brakes on gasoline passenger cars in world's largest auto market

By LI FUSHENG | China Daily | Updated: 2020-04-20 10:09
Share
Share - WeChat
A Renault concept car is displayed at the Shanghai auto show last year. [Photo provided to China Daily]

French carmaker Renault will stop production of gasoline passenger vehicles in China and concentrate its efforts to explore opportunities in the segments of light commercial vehicles and electric cars.

The carmaker said on Tuesday that it will sell its 50 percent stake in its Chinese joint venture Dongfeng Renault to its partner Dongfeng, which will end the six-year partnership after it didn't succeed in its attempt to secure a foothold in the competitive Chinese market.

Renault promised to provide aftersales service for its 300,000 customers through its dealers as well as partners within the Renault-Nissan alliance.

Dongfeng Renault was approved in late 2013 and started production in 2016. It produces three SUVs and one electric car at a plant in Wuhan, Hubei province.

The joint venture's sales peaked in 2017 with 72,200 vehicles sold, but have since fallen sharply. Last year, sales were just 18,000 in the country, a drop in the ocean of China's annual 23-million passenger car market. In the first three months this year, its sales totaled 663.

Francois Provost, Renault's senior vice-president and chairman of its China operations, was confident the company's cars excel in design and quality, but its short history in China has affected its popularity.

"The size of our share is low because we are a new brand in China. A major challenge for us is low brand awareness, so we don't have enough inflow of customers to our showrooms," Provost told China Daily at a car launch event late last year.

Renault had thus planned to avoid confrontation with Volkswagen and Toyota but develop its niche following.

Now, however, the carmaker is retreating from the whole gasoline passenger vehicle market, saying further development for the sector will be detailed later within a future new mid-term plan.

"We are opening a new chapter in China. We will concentrate on electric vehicles and light commercial vehicles, the two main drivers for future clean mobility, and more efficiently leverage our relationship with Nissan," Provost said.

Renault expects China's light commercial vehicle market to grow and decides to explore its potential with its joint venture with Chinese carmaker Brilliance and exports China-made vehicles into overseas markets.

The company said Renault Brilliance Jinbei, launched in December 2017, is a "sword arm" for its light commercial vehicle business in China, where 3.3 million such vehicles were sold in 2019.

Jinbei has 1.5 million customers in China and its sales hit close to 162,000 in 2019. Renault said it is helping the joint venture to modernize Jinbei models and will expand its lineup with five core models by 2023.

The budding electric car segment will be another pillar of Renault's new era in the country.

Last year, around 860,000 electric vehicles were sold in China, which has been the world's largest market for such vehicles since 2015. Renault expects electric car sales to grow from 5 percent in China now to reach 25 percent by 2030.

Renault has sold close to 270,000 electric vehicles in the world since 2011. The company said it will reinforce its partnership eGT with Nissan and Dongfeng.

It is also a shareholder of JAC Motors' new energy vehicle arm, which was established in 2015. It is expected to have four models in the market, covering 45 percent of the segments.

Renault is one of the largest and oldest carmakers in Europe. It has 40 manufacturing sites globally, with 3.8 million vehicles sold last year.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: www一区| 亚洲精品一区二区三区蜜桃久 | 四虎4hu新地址入口2023 | 色狠狠一区| 另类免费视频 | 国产激情视频 | 精品成人免费一区二区在线播放 | 午夜欧美 | 91精品国产一区二区三区蜜臀 | 男女免费视频 | 国产精品一区二区免费视频 | 毛片入口 | 久久99国产精品久久99大师 | 中文字幕在线一区 | 中文字幕精品视频在线观看 | 国产一二区在线观看 | 玖玖国产精品视频 | 国产极品美女高潮抽搐免费网站 | 99国产视频 | 国产精品无码永久免费888 | 欧美在线观看一区 | 少妇久久久 | 欧美一区二区精品久久 | 国产羞羞视频在线观看 | 亚洲成人在线观看视频 | 在线日韩视频 | 亚洲 欧美 另类 综合 偷拍 | 欧美一级淫片007 | 国产免费一区二区 | 97精品| 亚洲毛片| 亚洲精品成人在线 | 日韩精品一区二区三区中文在线 | 日韩综合 | 国产一区 | 国产精品久久久久久福利一牛影视 | 国产精品福利网站 | 日韩三级不卡 | 国产免费小视频 | 国产在线精品福利 | 一级毛片在线 |