CHIBA, Japan -- Renault CEO Carlos Ghosn said on Wednesday the French automaker is negotiating with two Chinese cities, including Guangzhou, to build factories in one of the world's fastest-growing car markets.
"There are two different options," Ghosn, who also heads Japan's Nissan Motor Co., told reporters on the sidelines of the Tokyo auto show.
One of the cities, he said, was Guangzhou in southern China's Guangdong province, where Nissan's local joint venture, Dongfeng Motor Co., also has a plant.
Renault, which owns 44 percent of Nissan, has been negotiating to build a local factory in China to take advantage of fast-growing car sales in the world's most populous country.
Ghosn said Renault was negotiating with Dongfeng Motor Corp., China's third-biggest carmaker, which is also Nissan's partner in the Dongfeng Motor Co. 50-50 joint venture. But Renault's local venture would be a different entity from Nissan's, Ghosn said. "We want to make sure that we don't blur the accountability and responsibility" of the two companies, Ghosn said.
He declined to speculate on how long the negotiations might take, but noted that Nissan's agreement had taken more than three years.
Ghosn also said Renault has no plans yet to enter the U.S. market because the automaker had many other projects to tackle first, including expanding in or entering the Indian, Eastern European and South American markets.
"You can't go into the U.S. casually. You have to dedicate your soul, dream and everything when you do," he said.
His predecessor, Louis Schweitzer, said earlier this year that Renault could consider entering the U.S. market after 2010.