Renault on track to build plant in Morocco
- Middle East: Wednesday, June 17 - 2009 at 10:03
French carmaker Renault says it is moving ahead with plans to build a manufacturing plant for low-cost vehicles in Tangier, Morocco. Carlos Ghosn, president and chief executive of Renault, said buildings of the plant will be erected beginning September this year and that the only change would be 'the rate of production' of the factory, which would depend on market circumstances.
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