This region has been quite good for the Renault Group but a couple of situations have affected volume in recent times. One is the repositioning of Samsung in Korea, in which the right to use that name has expired. Geely has recently acquired 34% of Renault Korea Motors and between the two companies, new models will come online. It will also give Geely access to the USA via Korea.
I digressed so back to situation two. China. Renault was late to the party and found for various reasons conditions unfavourable hence the retreat. Otherwise most markets in the area are doing well. It's just that two larger markets in the region experiencing headwinds have affected total volume. India is now the biggest market for the Renault Group in Asia/Pacific.
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