While PSA is announcing the closing of one factory after the other, local rivals Renault are doing nothing of the sort. In fact, Renault announced that it will be investing €420 ($542) million for the preparation of the Douai factory, in France, for the production of no fewer than five different cars at the same time. Three of them have been announced for 2014: the all-new Laguna, Espace and Scenic. Read more »
