Renault invests while PSA retrenches

While Renault has issued an update on its latest domestic investment plans following long-awaited union concessions earlier this year, PSA is stepping up its cost-cutting efforts. Renault has confirmed that investment plans for Douai are going ahead. The OEM is investing €420m (US$543m) into the Georges Besse plant in Douai, France, Subscribe to Automotive World … Continued

• By Megan Lampinen
• May 22, 2013