European car buyers still want minicars, for their ease of parking, low cost and fuel efficiency. But automakers say new emissions rules that require costly modifications are making them economically unfeasible. So, how can the key entry-level segment be saved?
The French automaker is ending sales of conventional passenger cars in China and will focus instead on electric vehicles and light commercial vehicles, as part of a global realignment underway with Japanese alliance partners Nissan and Mitsubishi.
Renault Chairman Jean-Dominique Senard and Nissan CEO Makoto Uchida said in an interview with The Wall Street Journal that the three-year strategic plans for the automakers and alliance member Mitsubishi were needed to restore investors’ confidence.