SHANGHAI -- Facing a slumping Chinese market and new challenges from domestic automakers, Renault Group is relying on light-commercial vehicles and electric cars to meet ambitious sales targets in China.
SHANGHAI -- Facing a slumping Chinese market and new challenges from domestic automakers, Renault Group is relying on light-commercial vehicles and electric cars to meet ambitious sales targets in China.
Automakers would receive credits for up to 15 percent of the value of vehicles assembled in the U.S. that could be applied against the value of imported parts.