Renault and PSA up the stakes in lucrative LCV segment

The stakes are rising in the global light commercial vehicle (LCV) segment, with both Renault and its rival PSA Group investing significantly in expansion. The Renault-Nissan Alliance is setting up a separate LCV business unit in a bid to expand its global presence and maximise cross-development and manufacturing among the Renault, Nissan and Mitsubishi brands. Nissan and Renault have been building up this aspect over the past few years and today they share the likes of the Renault Trafic (Nissan NV300), Renault Master (Nissan NV400) and the Nissan Navara (Renault Alaskan) platforms.