Monday, December 15, 2014

Renault India to launch two models next year

"Renault's focus in 2015 will be on introducing two new products in very exciting segments-the MPV (multi-purpose vehicle) and the A-entry segment, which is the heart of the Indian automotive industry," Sumit Sawhney, the country CEO and managing director of Renault Operations in India, said.

"We are taking major steps to increase our presence in India and will be entering the volume and growth segments to strengthen our position in India,"

"We have a long-term focus on the market and are working towards achieving a five per cent market share in the medium period, within the next three years. This will be done both by launching new vehicles as well as expanding our dealer network," he added.

According to Sawhney, Renault India will further expand its facilities next year, which will be one of the fastest ramp ups by an automobile manufacturer in India.

Source: Automotive News view more Tech Reviews

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