Politics

Renault to invest 400 million euros in its Bursa plant in Turkey


PARIS (Reuters) – Renault will invest 400 million euros ($430.92 million) in its Bursa plant in Turkey, which the French carmaker sees as its export hub not only for Europe but for other countries in the world, the company said on Thursday.

Earlier in the day, Renault said it would make four new models at this site, including a new low cost SUV Duster, according to a spokesperson.

($1 = 0.9282 euros)

(Reporting by Gilles Guillaume; Writing by Benoit Van Overstraeten; Editing by Sudip Kar-Gupta)



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