Renault MD hints at the launch of a sedan by festive season after Duster
Subscribe to NewsletterPlease fill your name and email ID to get our daily auto news mailer.
After launching the much awaited compact Sports Utility Vehicle (SUV), Duster in the Indian auto market on July 4, 2012, Renault has other plans for the country as well. According to a top company official, the French car manufacturing company is gearing up to showcase a sedan by the festive season of 2012. At the launch ceremony of Duster, Managing Director (MD), Renault India, Marc Nassif, said while interacting with the press that the last one of the five launches scheduled in the agenda of car maker will be introduced 'certainly before Diwali'.
However, he refused to divulge any further information regarding the new launch. Nassif added that France based automotive manufacturer has already attained 60 per cent of localisation, which will be further increased to 80 per cent with all the products in its portfolio. According to him, Renault has already invested a huge amount of money on their production tools. As per the company claims, Renault Duster has already garnered 4,000 bookings from all over the country within a day of its launch.
Highlighting the forecast which stated India to be the third largest automobile market by year 2020, Nassif added that there is ample scope for healthy competition here and only the best product will thrive in the market. The car maker is already in the process of opening its 55th authorised outlet towards the end of June, 2012 and by the end of 2013, Renault would introduce its 100th dealership in India. The product portfolio of Renault in Indian market includes Fluence, Koleos, Pulse and the recently launched Duster.
Nassif stated that the manufacturing facility of Renault located at Chennai will start shipping vehicles to UK by the year end. Later, the company would consider exporting its vehicles to other countries like South Africa. On being probed about planned investment by the car maker for its Chennai production facility, Nassif clarified that Renault has planned to invest a princely sum of Rs. 4,500 crores by February, 2015. Renault’s aggressive proceeding in Indian market to gain a decent share with the new launch scheduled for diwali; car buyers have one more reason to rejoice after the launch of Duster.
- Recall of 900 units of Mahindra Scorpio Ex variant announced
- Audi India registers over 13 per cent growth in January-November period
- 2015 Ford Mustang showcased
- Price of KTM Duke 390 increased
- Honda Mobilio to give tough competition to Maruti Suzuki Ertiga
- Mahindra & Mahindra looking to develop hybrid SUV
- The incredibly powerful engine of 2013 Ford Mustang Shelby GT500
- Excitement builds as launch of Honda City diesel nears
02 December 2013, 12:21 IST by CarTrade Editorial Team
As 2013 is coming to an end, many car makers would want to forget the dismal performance of this year in terms of sales and profit levels. In the passenger car segment, many companies failed to...
02 December 2013, 12:45 IST by CarTrade Editorial Team
In a shocking news that sent ripples across the American film fraternity, it was leant that Paul Walker has passed way in a car accident that occurred in Southern California. Reportedly, the actor...
04 December 2013, 11:55 IST by CarTrade Editorial Team
As the 2014 Auto Expo is fast approaching, the Indian car market is abuzz with presumptions about models that will be on display at the upcoming motor show. Major car companies like Maruti Suzuki,...
30 November 2013, 00:57 IST by CarTrade Editorial Team
Indian car market is loaded with models that are affordability and fuel-efficient. All players in the market know the role played by price and mileage in influencing the decision of a car buyer....