“Le Monde” quoted executives from the two companies as reporting that Geely and Renault may expand the scope of cooperation between the two companies in Latin America to regions other than Brazil. “We are currently focusing on Brazil, but we are also exploring other opportunities,” Yang Xueliang, senior vice president of Geely Holding Group, said in an article published in the newspaper on Thursday evening. The paper also quoted Fabrice Cambolive, Renault's chief growth officer, as saying that the two companies are exploring cooperation opportunities in Argentina and Colombia.

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