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Industry / Colombia

Government Attitude Leads Renault's Regional Strategy

February 2011 | Company News Alert

Colombia is soon likely to become a prime location for Renault's Latin America strategy as the carmaker continues its export-oriented production in the country as well as eyeing domestic demand for electric vehicles. BMI believes that much of Renault's focus towards Colombia has been encouraged by the regulatory setup and government support towards the auto industry, highlighting the importance of a favourable business environment for carmakers.

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