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Renault Samsung-March sales

SEOUL, April 1 (Yonhap) -- Renault Samsung Motors Co., the local unit of French automaker Renault SA, said Monday that its March sales dipped 3.3 percent from a year ago due mainly to a slump in domestic and overseas demand. Renault Samsung sold 12,509 vehicles in March, compared with 12,931 units a year ago, the company said in a statement. Still, its March sales jumped 7.7 percent from the previous month, according to the automaker. Domestic sales fell 0.4 percent on-year to 4,769 in March, with exports dipping 4.9 percent to 7,740 vehicles, it said.

Nissan to invest $320 mn in India plant: report

Franco-Japanese automaker Renault-Nissan will invest $320 million to expand a complex in India, a report said Friday, as it looks to cash in on demand for low-cost vehicles in emerging markets. The auto giants will spend 30 billion yen ($320 million) to build a second plant at the site near southern Chennai city that will be able to produce 200,000 units annually by the end of 2014, Japan's Nikkei business daily said. The facility already has an output capacity of 400,000 units a year.

Nissan to invest $320 mn in India plant: report

Franco-Japanese automaker Renault-Nissan will invest $320 million to expand a complex in India, a report said Friday, as it looks to cash in on demand for low-cost vehicles in emerging markets. The auto giants will spend 30 billion yen ($320 million) to build a second plant at the site near southern Chennai city that will be able to produce 200,000 units annually by the end of 2014, Japan's Nikkei business daily said. The facility already has an output capacity of 400,000 units a year.
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