Published by Global Banking and Finance Review
Posted on January 13, 2026
Published by Global Banking and Finance Review
Posted on January 13, 2026
BEIJING, Jan 13 (Reuters) - French automaker Renault on Tuesday said it will sell its new Filante car in South Korea from March before beginning sales in Latin American and Gulf countries by early 2027.
The hybrid SUV crossover is based on the Compact Modular Architecture of Chinese partner Geely and will be produced at Renault's plant in the South Korean city of Busan, the automaker said in a statement on its WeChat account.
Renault also developed its Grand Koleos SUV on Geely's platform which it has produced and sold in South Korea since 2024.
The French automaker has been increasingly partnering peers from China and elsewhere to improve efficiency at its factories and enhance competitiveness.
(Reporting by Beijing newsroom; Editing by Christopher Cushing)
A hybrid SUV is a sport utility vehicle that combines a traditional internal combustion engine with an electric motor, aiming to improve fuel efficiency and reduce emissions.
The Compact Modular Architecture is a vehicle platform developed by Geely, designed to support various models and enhance manufacturing efficiency.
Market expansion refers to the strategy of entering new markets or regions to increase sales and reach new customers, often involving the introduction of new products.
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