Renault’s Rs 1.35 lakh car ambition for India
Automobiles April 5th, 2007
Renault’s Rs 1.35 lakh car ambition
Renault has just launched their Logan car in collaboration with Mahindra in the Indian market. The car is priced competitively and should give massive competition to existing players in the market including Maruti and Tata.
Now, Carlos Ghosn, chief executive of French carmaker Renault and also Nissan Motor Co has hinted that they are considering developing a brand new car for the Indian market. This product could be made in collaboration with Mahindra & Mahindra and its targeted price is set at $3,000 or about Rs 1.35 lakh.
If the plan goes ahead, it would become the first potent rival to Tata’s under development Rs. 1 lakh car which is expected to cost around the same on road in India when it comes out sometime next year.
Then there is Maruti which has the potential to launch a version of Maruti 800 at around the same price as they have the numbers to cut cost and sell this car at a substantial low price.
Ghosn was quoted as saying in the media: “For the Indian car market, it would be crucial to enter the volume segment. And for that a $3,000 price-tag (Rs 1.5 lakh) would be the threshold limit.”
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About
Hi,
This is very amazing is look very nice. I hope when this care will be launched in indian market diffenetly it will be reach the goal
HI,
This is going to be really a thoughtfull idea. And as per my knowledge this will emerge out to be the best idea to capture the small car segment with abnormal volumes of which is now being enjoyed by Maruti and Hyundai.
In the customer point of view also it will be the better idea to change over to a car rather than spending almost 50-60% of the same price on bikes like Hero Honda KArizma, Hond Unicorn, Royal Enfield, Etc.,.
its a beutiful car please send a mail when its going to lunch in india.
i need to gift thisn car to my sis marriage,can it come into market before oct,2007
Sir,
This is really a good idea and I have received certain pictures about how the car would look like.
I am also interested in buying one for me.
I just want to know when is the car ging to be launched in India.
Subir Bakshi
Hey u people!! Dont go after the looks !! No doubt its a cheap car, but it will have 1 or more BIG drawbacks due to its cut in price !! So, Please car doesnt mean only looks !! Wait patiently and see what happens!! Afterall u all know what happened to Reva !!
Well everything is good wished, if I could get information on speed , CC and Millage.