Renault confirms expansion of its Spanish plant
After an agreement with local trade unions, Renault confirmed that it will invest over 600 million euros to strengthen its activities in Spain in the period between 2017 and 2020.
2,000 new jobs will be created and the production of new models, engines and transmissions, plus the expansion of the Valladolid factory.
The carmaker will produce a new compact sedan and an updated version of its 1.5 diesel engine. Expansions at the Palencia and Seville plants.