French car maker Renault’s recently unveiled Clio 4 is scheduled to roll out from the company’s Turkey plant in the fourth quarter of 2012. Renault invested USD 245 million in its Bursa plant in northwestern Turkey to manufacture as much as 200,000 units of the new supermini per year.
Subject of a heated debate between Renault and former French President Nicholas Sarkozy for its main production location being Turkey, Clio 4 will reach markets all around the world after its official debut in the Paris Auto Show this September. Renault’s Flins factory near Paris will start manufacturing the vehicle after Bursa at a much lower production rate of 60,000 to 80,000 units per year.
Renault’s Turkish plant will save the company nearly EUR 1 billion in production costs, according to earlier reports, as the Turkish-made unit will cost EUR 1300 less than the French-made one.
Source : Milliyet