Renault-Nissan to invest one billion euros in Moroccan factory
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Renault-Nissan head Carlos Ghosn on Saturday signed a deal to build an assembly plant here, with a planned investment of one billion euros (1.36 billion dollars) and final capacity of 400,000 vehicles.
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Qatar will invest 335 million dollars in tourist development schemes in the northern Moroccan city of Tangiers, a news agency has said.
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OAKVILLE, ONT. - Ford Motor Co. plans a new $1-billion project to build a flexible manufacturing plant at its facility in Oakville.
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Morocco and the United States have agreed to give the African country&#039;s exports to North America a boost, officials said.
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LONDON -- Royal Dutch/Shell Group on Wednesday announced a $150 million increase in the amount of money it will spend in 2004 on exploration and production in Europe, bringing the total to $1.
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Nissan is to produce a new car at its plant in the North East, which it says will help to safeguard 1,000 jobs.
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French car maker Renault said that its budget 5,000-euro (6,000-dollar) Logan, currently aimed at developing markets, would soon go on sale in western Europe, but at 7,500 euros.
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Japanese automaker Toyota Motor Co. said Tuesday it will to invest an additional 17.8 million euros (&#36;22 million) at its French production plant, citing record sales in Europe.
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Royal Dutch/Shell Group, Europe&#39;s second-largest oil company, will boost investment in its European oil and gas unit by $150 million to $1.
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Swedish truck maker Volvo (VOLVb.ST) said  on Tuesday it would take over Nissan Diesel Motor Co. Ltd.  (7210.T) for $1.1 billion, seeking further growth in Asia and  to capitalize on the Japanese truck maker's expertise.
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MG Rover is about to seal a Â£1bn agreement to help build 200,000 cars a year in China.
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Carlos Ghosn, head of Nissan Motor Co.  (7201.T) and Renault SA , said on Friday that a  capital alliance with General Motors Corp.  was not a  precondition to any tie-up with the U.S. automaker, adding that  the issue was not discussed with the GM team last week.
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Infineon Technologies, the second-largest chip maker in Europe, said Wednesday that it planned to invest about $1 billion in a new factory in Malaysia to expand its automotive chip business and be closer to customers in the region.
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French automaker Renault re-tooled its management, paving the way for the arrival next year of Japanese partner Nissan Motor Company's chief Carlos Ghosn, head of its Japanese affiliate Nissan Motor Company, who will pilot both enterprises.
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Britain's last big carmaker MG Rover is about to seal a Â£1bn agreement to help build 200,000 cars a year in China.
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French carmaker Renault sets up a joint venture with Iran to build 300,000 of its new 'no-frills' Logan model a year.
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General Motors Corp. , Renault  SA  and Nissan Motor Co. (7201.T) on Friday said they  had agreed to work together on a confidential review of the  potential benefits of an alliance between the three companies.