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Renault Group India 2014-2016 plans: Entry level car and 5% market share

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“Our strategy laid out in the first part of our plan Drive the Change has delivered results. Thanks to these achievements, the Renault group is well prepared to deploy a second ambitious, yet realistic phase of the plan”, said Carlos Ghosn, Chairman and CEO of Renault.

Renault-KWID-Concept2011 – 2013 Achievements see new Clio as number 1 in France and number 3 in Europe. Captur as leading-selling cross-over in France and segment leader in Europe. Non-European sales have increased from 38% in 2010 to 50% in 2013. Brazil and Russia are the 2nd and 3rd largest markets for Renault. Duster is the company’s most-sold vehicle in 2013.

2014 – 2016 action plans entail sustained renewal and expansion of the product line-up beginning in 2014 fall with launch of All-new Twingo and Trafic van. Espace, Megane, Scenic and a new D sedan of the new alliance 3 million CMF C-D platform will be in focus. Cross-over vehicles will be key, and an A-entry vehicle designed for India and South America apart from new pick-up trucks for emerging markets.

International expansion and renewed growth in Europe will be vital. Renault Group looks at 8% market share in Brazil and Russia and 5% in India. New plant in Wuhan, China has initial capacity of 150,000 units, designed to produce C and D segment cross-overs.