Renault to invest EUR600 million in building new model and engine at Valladolid, Spain
Investment to be made at the plant between 2017,2020
Renault has said that it intends to invest EUR600 million (USD684 million) in building a new model and a new powertrain at its Spanish plant in Valladolid, according to a Reuters report. The investment will be made at the plant between 2017 and 2020 and will be higher than the previous two investment tranches, according to a company spokesperson, although he gave no further information on the model or the powertrain for which the investment would prepare the plant.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
