Iran could be one of Renault Kwid’s export markets
Even before the commencement of sales in India, Renault Kwid has already started getting attention from potential overseas customers. Speaking to Financial Express, Gerard Detourbet, father of the low-cost micro crossover, revealed that the company has already received positive response from potential partners from Iran.
Iran recently strengthened its relationship with western powers through a breakthrough deal to curb its nuclear activities in exchange for lifting of various sanctions (which also opens up Iran’s auto market to western automakers). Hence, French automakers Renault and PSA Peugeot Citroen who have been enjoying strong market positions since 2011 (that’s when the sanctions were tightened) have decided to defend themselves by upgrading their aging product portfolio.
Kwid with its low cost architecture, compact dimensions and good features list emerges as a suitable product for Iranian markets. Detourbet stated that while Iranian partners show interest, actual import and distribution operations may take a while to materialize. He also added that decisions on new products for Iran and where they are be assembled will be taken in a month or two.
To recap, Renault Kwid was developed in India under Detourbet’s leadership and is underpinned by CMF-A platform. The A-segment car has a stance of a micro SUV but is powered by a 800 cc three-cylinder petrol motor. When it goes on sale in India, possibly in festive season, it would have a price range of INR 3-4 lakhs (ex-showroom).
Via – Financialexpress.com