Renault Brings Some Optimism

Renault will introduce two new major projects at its Valladolid facility in Spain from 2011 which will increase the plant's production from 90,000 to 100,000 units by 2013, the company said. The surprise announcement is a rare piece of good news for Spain's autos industry which has been very susceptible to the trend of losing production to Eastern Europe in the past few years.

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