Renault Korea Motors plans to invest ₩700m (USD $523m) by 2027 to introduce new eco-friendly models at its Busan plant as it continues to struggle with dropping sales. The company, majority owned by Renault, signed a memorandum of understanding with the city government agreeing to transform the Busan plant into a global production hub for…
Renault to Invest in Korean Unit for Hybrids
