Automotive industry in France
The Car Market in Europe is Growing
Overall in 2019, new-car registrations increased by 1.2% across the European Union, reaching more than 15.3 million units in total and marking the sixth consecutive year of growth. The year started on weak footing due to the lasting impact of the introduction of the WLTP test in September 2018.
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Renault invests 200 million euros in Turkey for new model production
Oyak Renault, the Turkish enterprise of French car maker Renault, has announced that it will produce its new Megane Sedan model in Turkey.
The company will invest 200 million euros in the production, Oyak Renault General Manager Tunç Başeğmez said at a Sept. 7 event in Bursa, the heart of car-manufacturing in Turkey.