MADRID – Renault gathers the first fruits of its €600 million ($638 million) Spanish investment program for 2014-2016 by setting a production target of nearly 300,000 units of production at its Palencia plant next year. The automaker anticipates production of 284,000 units of the Kadjar CUV and fourth-generation Megane this year at the factory 150 miles (240 km) northwest of Madrid. That would fall just short of the record output of 288,000 units in 2004 – but is more than ...

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