Report: Renault to launch five new models in India by 2013

Article by Christian Andrei, on August 30, 2010

From between mid-2011 and mid-2013 in India, Renault SA will be launching five cars, including small cars in 2012, according to the head in India, Marc Nassif. Renault is doing this to cope with the demand in one of the world's fastest growing automobile markets. On the sidelines of an automobiles conference, Nassif said that the small cars will be built on a platform from its alliance partner Nissan Motor Co.

Production, which will be done jointly with Nissan, will be at Renault's factory in the southern Indian city of Chennai. Nassif added that these cars will be branded as Renaults and will be priced competitively. Renault aims to introduce its Fluence sedan and the crossover Koleos in India in 2011.

Furthermore, Renault-Nissan is collaborating with Indian two-wheeler maker Bajaj Auto to build a low-cost car that Bajaj will design and that will be launched by late 2012. This year, Renault sold its stake in a joint venture with utility vehicles and tractor maker Mahindra & Mahindra Ltd., which made the Logan sedan.

Renault, on its own, now seeks to compete in the subcompact car market in India. Nissan's compact Micra cars started selling in India in June. Nissan is 44% owned by Renault.

India's compact car segment is participated in by cars that have a length of between 3400mm to 4000mm. This segment, which accounts for over 70% of the total car market, has been rapidly expanding.

Maruti Suzuki dominates this segment but it had better be prepared as global carmakers, including Toyota Motor Corp., Honda Motor Co., General Motors Co., Volkswagen AG and Ford Motor Co., have shown interest in this profitable sector. So far this year, sales of GM's Chevrolet Beat and Ford's Figo compact cars have been very impressive.

Topics: renault, india, plan

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

The 2018 model year could be an exciting year for fans and enthusiasts of the Chevrolet Corvette. This comes as the 2018 version of the Corvette is bound to feature...
by - January 19, 2017
As if seeing the future more than a decade from now, one of the top scientists in the world of robotics and automations is predicting that children born today won’t...
by - January 19, 2017
Ford has just recently unveiled the 2018 Ford Mustang, and as it turned out, the carmaker gave its beloved pony car a facelift. There have been mixed reactions about the...
by - January 19, 2017
The bidding war for one of the only 20 examples -- 21 actually, but the 00 version went to a museum -- of the classically beautiful Lamborghini Reventon built and...
by - January 18, 2017
Bentley once again confirmed its plans to push PHEV into their future lineups. As a matter of fact, the Bentayga SUV will be the first to have the plugin hybrid...
by - January 18, 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