The history of Renault in the Land of Morning Calm is quite old. In 2000, three years after the Asian financial crisis who weakened Kia (purchased by Hyundai) and SsangYong (purchased by Daewoo), another builder Samsung, was in trouble. Renault acquired it and made the manufacturer its local subsidiary in Korea. The Renault-Samsung Motors company was born. Since then, several models have been created designed for France and Korea. They are sold there with specific names and logos. Busan factoryis even a single production center Coleos and Arcana, intended for the European market! Local feature: only its models (except Master and Zoé). emblazoned not with the Renault logo, but with the Samsung logo. The mascot there is called SM6, Arkana XM3 AND Koleos QM6 !

Partnership with Geely in Korea

Things have changed a bit for Renault on the ground in recent months. Termination of agreements with SamsungA rhombus has renamed its local subsidiary Renault Korea Motors in 2022. A maneuver that also allowed the brand to free itself from the 0.8% of the subsidiary’s GDP that Samsung demands each year. Through royalties. from, There, Renault is conducting a deep reorganizationto the point that the Chinese manufacturer borrowed its capital. Geely really took 34% of the RCM, to create synergies across platforms and mechanisms. Therefore, the following RKM models (which may be distributed in France) will be based on Chinese hybrid technologies. Renault intends to intensify the development of new models locally, including electric…

200,000 electrified models

AT Busanthe second city of the country and the historical fortress of Renault Korea, a small revolution is taking place. Renault is going to invest a lot of money modernize and develop your plant. In a press release given by the city’s mayor, Park Hong-jung, Losange wants to produce in the long term 200,000 electric and hybrid cars per year ! Now the capacity of the plant is 250,000 cars. She took him out Last year, 170,000 Including 117,000 for export, mainly to Europe. These are the words of Guido Haak, vice president of the Renault group, on this topic. “The plant in Busan is an important production base for us. We will accelerate our transition to the vehicles of the future large-scale investments. »

Partner Geely, hybrid and electric champion, will transfer its know-how to Renault for the transformation and optimization of the site. The two manufacturers will jointly develop hybrid and electric models, which are thriving in Asia. Several of them can be exported to Europe…

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