Renault Samsung Motors
In July 2012, the Renault–Nissan Alliance announced it was investing 170 billion won (US$ 160 million) in Renault Samsung Motors, the South Korean company that Renault purchased in 2000. The new investment adds the capability to produce up to 80,000 Nissan Rogue crossover sport-utility vehicles per year at the Renault Samsung Motors plant in Busan, taking advantage of the free trade agreements of Korea with the United States and the European Union, as well as the favorable currency exchange. The Busan plant already produces the Renault Samsung SM3, SM5, SM6　and SM7 sedans, as well as the crossover QM5. Part of the production is exported to other markets, under the name Renault Koleos. Production of the Nissan Rogue began in September 2014.