The top stories from Automotive News Europe’s February 28, 2000, issue – and how they developed.
E5,000 Dacia for w. Europe
Renault may sell a future E5,000 Dacia as an entry-level car in western Europe. The car is expected in 2003. A Renault executive says Dacia could become “a basic global brand.”
Dacia launched the Logan in September 2004 in Romania, where the E5,000 car had secured more than 40,000 orders by early this year, according to Renault. The car is due to go on sale in western Europe in mid-2005 at prices starting at E7,500. Because of the Logan, Dacia plans to triple production at its plant in Pitesti, Romania, from 95,296 units last year to 200,000 complete cars plus 150,000 knockdown kits for other countries by 2006. Along with western Europe, Renault this year plans to sell the Logan in Slovenia, Poland and the Ukraine and build the car in Russia, Morocco and Colombia.
Swedish car safety equipment group Autoliv will acquire the seat belt unit of NSK for E70.6 million. The purchase is expected to make Autoliv the world’s largest producer of seat belts.
Nissan gets new sales boss
Mario Canavesi, formerly head of Renault in Germany, is named head of Nissan Europe’s sales and marketing department. He replaces Hartmut Kieven, who resigned after about 18 months on the job.