ISTANBUL – Renault Group is investing 400 million euros ($430 million) to turn its factory in Bursa, Turkey, into an international export hub by adding four new models by 2027, starting with production of the third-generation Duster small SUV, a Dacia model that will be sold as a Renault outside of Europe.
The Duster will be followed by two SUVs in 2026 that will be based on the Renault Group’s new modular platform. Renault did not offer offer details on the fourth model, although it said the first three would be small or compact SUVs.
The new production allocations are part of Renault 3-billion-euro ($3.2 billion) strategy to increase its business outside of Europe, especially following the closing of its operations in Russia last year. The plan aims to double revenue per vehicle sold outside Europe by 2027.
Turkey is one of five hubs in the plan, along with Brazil, Morocco, India and South Korea.