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:

Comments

Login or Create new account to add a comment!

Recommended

The highlight of this year’s Consumer Electronics Show may be based on some of these keywords---connectivity, integration and partnership. Just like in the previous year, you’ve probably heard and read...
by - January 16, 2017
Less than three weeks to go and the Super Bowl LI – one of the most awaited and most watched sports events in television – will commence on February 5,...
by - January 16, 2017
New Tesla vehicles will have to pay when charging at any of the carmaker’s Supercharger stations once they exceed their annual limits. This comes as Tesla Motors announced revisions in...
by - January 16, 2017
Off-road driving with an open air vehicle provides another kind of experience for many off-road enthusiasts and fans. For this sake, Ford is planning to offer a version of the...
by - January 16, 2017
For those who love driving, future autonomous cars should be like the Toyota Concept-i that is drawing in a multitude of visitors at the 2017 Consumer Electronics Show in Las...
by - January 15, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries