SEOUL -- Renault Korea Motors will invest about 700 billion won ($523 million) to set up hybrid vehicle production facilities at its existing plant in Busan, South Korea.
Automobiles
Renault Korea to invest $523m in new Busan hybrid vehicle line
Automaker to produce models for domestic market and export
Formerly known as Renault Samsung Motors, Renault Korea Motors is making inroads into hybrids and electric vehicles. © Reuters
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