Explore Business Standard
Don’t miss the latest developments in business and finance.
French automaker Renault on Tuesday launched an updated version of its entry level car Kwid in India, priced between Rs 2.83 lakh and Rs 4.84 lakh (ex-showroom, Delhi). The model comes with both 0.8L and 1.0L powertrains with manual and automated transmission options. The 0.8L variants are priced between Rs 2.83 lakh and Rs 4.13 lakh while the 1.0L rims are tagged between Rs 4.33 lakh and Rs 4.84 lakh. "With innovation in its DNA, the SUV-inspired Renault Kwid has been a true game-changer and volume driver for Renault India. The all-new Kwid's next-gen technology combined with its sleek style and innovative design will ensure that it continues to be a major disruptor in India's entry-car segment," Renault India Operations Country CEO & MD Venkatram Mamillapalle said in a statement. The model is compliant with all the current safety requirements for the Indian market, the company said. The vehicle comes with driver side airbag with an option of passenger side airbag, anti-lock ...
With Carlos Ghosn, the chief at Renault-Nissan taking comfort from the sight of profitability in Renault's India operations, a lot is riding on Kwid, the company's best seller in India. The fifteen-month old SUV styled entry segment car though has seen some weakness in volume recently. Having sold more than 140,000 units of the Kwid, Renault today launched a new variant under the Kwid. The Kwid Climber will be available at a price of Rs 4.3 lakh and Rs 4.6 lakh (ex-showroom, Delhi). The car, which is priced significantly higher than the entry level Kwid (Rs 2.64 lakh) is being targeted at the young achievers. "This vehicle offers a lot of style quotient. The customer today seeks trendier and energetic products. It is a perfect semblance of style and premiumness," said Sumit Sawhney, chief executive officer and managing director at Renault India. Kwid's early success is evident from a number of 50,000 in booking in just about a month of launch in September 2015. The company announced ..
With the success of Renault's sub 4 meter Kwid in the global market, the French car maker is all set to make India its hub not only for manufacturing, but also for design and development. Kwid was designed, developed and manufactured in India initially and then exported to world market.Speaking to Business Standard after launching company's first Design Academy in India to foster fresh talent in Car Design at Chennai, Patrick Lecharpy, VP - Advanced Design, Head of Renault Design India Studios, said that India remains one of the important markets for Groupe Renault and as per Renault's global strategy, India would play an important role in Groupe Renault's expansion plans. India is the strategic and future market for us.After the success of Kwid, India will be the hub not only to manufacture small cars, but also for research and design them globally."Kwid has to be one of the most exciting low-cost design innovation to come out in years. The Kwid, despite being low-cost car, looks ...