Renault-Dongfeng venture Ok'd

Recent domestic media reports said the joint venture between French carmaker Renault and Wuhan-headquartered Dongfeng Motor Corp has been granted government approval and both partners plan to break ground on a new plant later this month. Scheduled to begin production in 2015, the facility is expected to first produce Renault's SUV and MPV and have a designed annual capacity of 150,000 vehicles, the reports said.

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