Cape Town - A top Renault official has confirmed to Wheels24's sister newspaper Cape Son that the carmaker is serious about production in South Africa.
In an in interview with Cape Son Dr Jean Jacques Le Goff, vice-president of Renault Anglo Africa and the Indian Ocean and the company's regional managing director, said that the they are still to make a decision this year about a South African production facility.
Renault's alliance with Nissan, who is well-established in South Africa, appears to be a key element in the decision.
According to Cape Son Renault will upgrade and refurbish an existing motoring plant to meet their needs.
Such an investment could be worth between R500m to R1bn and will create thousands of temporary and permanent jobs.
As reported by Wheels24 on Thursday the car Renault wants to build here is the small Logan sedan, which has been a success story in Eastern Europe for the past three years, and more recently in India.
Cape Son claims that the vehicle will undercut all existing car prices in South Africa.
Hatchback and sedan derivatives are planned while Cape Son says that a bakkie version is on the cards too. Spares will also be locally available.