Renault and Chery explore cooperation opportunities in South America

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According to foreign media reports, Renault and Chery are in discussions about a manufacturing and sales partnership in South America, with both parties hoping to expand their presence in the region. Chery will reportedly provide funding and product design support, while Renault will open up its local factory network. The partnership includes production of internal combustion engine vehicles at Renault's Colombian plant, with some sold under the Renault brand and others under the Chery brand. Chery also plans to produce plug-in hybrid pickup trucks at Renault's Argentinian plant. However, neither party has commented on this matter.