Renault-Nissan alliance working on the 2,500 euros car

Article by Christian Andrei, on November 24, 2011

Renault SA and Nissan Motor Co. are planning to offer a vehicle priced at 2,500 euros ($3,400) in emerging markets, according to the French newspaper La Tribune in an article released ahead of its Wednesday publication. The article, which cited unidentified internal sources, revealed that the vehicle could later on reach the European market.

Gerard Detourbet, who will take on his role at Renault-Nissan effective January 1, will manage the development of the automobile.

Detourbet has also previously led the development of Renault's so-called "Entry range," or low-cost, vehicles such as the Sandero and Logan. Renault has yet to comment on the issue.

La Tribune further disclosed that the 2,500-euro vehicle, which is yet to be developed, would compare with the 7,700-euro Logan in France. Renault's entry-level program achieved about 685,000 sales last year.

This figure is equivalent to more than one-fourth of Renault's total sales of 2.6 million cars and light vehicles around the world. Entry-level vehicles are targeted at emerging markets.

However, they have also been a success in more mature markets. The top five markets of the entry program in 2010 were France, Brazil, Russia, Germany and Iran.

Topics: renault, nissan

If you liked the article, share on:


Login or Create new account to add a comment!


Many have been excited with the impending arrival of the next-generation Jeep Wrangler and the new 2019 Jeep Grand Wagoneer, which is slated to be the brand’s new range-topping model....
by - October 21, 2016
Chevrolet has taken the wraps off its new Chevrolet Colorado ZH2 at the fall meeting of the Association of the United States Army (AUSA). Tagged as the most extreme fuel-cell-powered...
by - October 21, 2016
Honda has unveiled the fifth generation of its hot-selling SUV – the 2017 Honda CR-V. The latest iteration of the CR-V should help it maintain its benchmark status in the...
by - October 21, 2016
Many are already expecting BMW to launch an ultra luxurious SUV that will serve at its new flagship by late 2018. Larger than the X5 and X6, the new X7...
by - October 21, 2016
Most of you may have heard or already have one of those autonomous home appliances doing the house chores. Thus, it’s not anymore unusual to see a car going places...
by - October 20, 2016