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Renault Confirms Smart and Twingo Contracts for Revoz

Novo mesto, 06 February (STA) - French car maker Renault has confirmed that its Slovenian subsidiary, the Novo mesto-based Revoz, will start assembling the new Smart and Twingo models in 2013.

Renault confirmed its announcement from April 2010 a few days ago, as it disclosed plans to invest EUR 5.7bn into manufacturing between 2010 and 2013, 40% of which in France.

The original announcement came as Renault, Nissan and Daimler presented a partnership in developing a new city car.

The car makers will cooperate both in terms of funds as well as in development and technology. Revoz will take over the next generation of four-door Smart model and the new Twingo.

Both models will be built on the same chassis, although the exterior of the car will differ by brand.

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