France-based automobile fim Renault SA could suspend their China plans which took three years in the making. The firm is considered as France’s second-biggest automaker.

The suspension of their China plans was attributed to low sales and profitability in the company. Nissan Motor Co, which is 44% owned by Renault had already invested in automobile production and manufacturing in China. Anne-Emmanuelle Dognon-Rem, the spokesperson for the company remarked that the firm does not have any definite plans in China athough they are still contemplating about that possibility. Despite of the hesitance in their China plans, the firm said that they would now focus on expanding in India as well as in recovering their losses in Brazil.

John Buckland, an analyst at London-based Daiwa Securities gave a piece of advice to the company saying that: “It’s better to get things right in markets where you are already present before you start in new ones.'’