Following the launch of its first ever premium sedan – Fluence – in the Indian market, French car maker Renault is gearing-up to launch its second car, Sports Utility Vehicle (SUV) Koleos, in the Indian market. The Koleos model is expected to be launched in the price segment of Rs 20 lakh where it will be competing with the likes of Honda CR-V, Nissan X-Trail, Ford Endeavour, Chevrolet Captiva and Toyota Fortuner. The Koleos SUV is expected to hit the Indian roads in this Diwali season.
The company is now looking forward to become a leading car brand in the country within next 3 to 5 years. The company has planned to roll-out as many as five new car models in the Indian market by year 2012. It plans to sell over 1,00,000 units of its cars in the Indian market over the period of next three years.
Speaking to the reporters recently, Marc Nassif, managing director of Renault India said, “We believe it is a fresh start for us and courtesy Logan, we are fully prepared and know this market a lot better. Logan did not deliver in terms of sales figures and profitability and that is obvious, but the learning curve has been steep and the results of it would be visible in Fluence and all our future products.”
