Renault - 300m euros more for Automobile Dacia

French car manufacturer Renault plans to invest 300 million euros in the Mioveni-based plant over the next few years, in order to increase Automobile Dacia output to 400,000 units a year, the target set by Carlos Ghosn, CEO of the Renault-Nissan group. “We are talking about an overall volume of 300 million euros, a sum allocated for this year and for 2009, which will go into expanding production capacities for the Logan model,” said Automobile Dacia representatives. The main target for the investments is the production line of the Logan model, which will assemble over 320,000 units this year. Four models based on the Logan platform are currently being assembled in Mioveni- Logan Sedan, Logan MCV, Logan VAN and Logan Pick-up, due to be launched on the Romanian market during February.