Renault will reduce production of its 5-month-old Modus small minivan.
The French automaker cut Modus production at its plant in Valladolid, Spain, to 1,100 units a day from about 1,300 units.
“We had a very good ramp-up,” said Georges Douin, head of Renault’s product, planning and international affairs. “Now, at 1,100 units a day, we’ve found the right balance.”
Renault will build about 250,000 Modus units a year. Valladolid’s capacity is for 300,000 units.
Douin said there is no plan to use the spare capacity for another vehicle.