Overview
- Sources say the discussions would leverage Renault’s factories and sales network in Latin America in exchange for Chery’s capital and product design support.
- Plans under review include building internal‑combustion cars at Renault’s Envigado, Colombia plant, mostly to be sold under the Renault brand with some Chery‑badged units.
- Chery is evaluating funding a production line for plug‑in hybrid pickups at Renault’s Córdoba, Argentina facility, with Renault acting as the distributor for those vehicles.
- Negotiations began under former CEO Luca de Meo and continue with new chief François Provost described as more cautious on spending, with no guarantee of a final agreement.
- Renault declined to comment and Chery did not respond to inquiries, while reporting notes the talks would not affect Renault’s separate collaboration with Geely in Brazil and face technology‑transfer, regulatory, and financial hurdles.