ST. PETERSBURG Russia (Bloomberg) -- The Renault-Nissan alliance is considering constructing a vehicle-assembly factory in Russia, Sergei Darkin, a Russian regional governor, said.
“Renault-Nissan has expressed an interest in looking into the possibility of building a new car assembly plant. We are in talks. I think they will be successful.” said Darkin, who is governor of the Primorsky region in the country’s Far East
Oksana Nazarova, a Renault spokeswoman in Moscow, confirmed that the company is studying a possibility of opening a plant in the Primorsky region.
Renault SA and its Japanese affiliate Nissan Motor Co. may double their holding of the Russian automaker OAO AvtoVAZ to 50 percent after Prime Minister Vladimir Putin gave the deal his blessing, Renault Chief Executive Officer Carlos Ghosn said on Nov 2.
Renault, Nissan and AvtoVAZ aim for a combined market share of 40 percent of the Russian market by 2015, or 1.6 million vehicles annually, he said.