The alleged fraudulent practice recalls the 'dieselgate' scandal involving Germany's Volkswagen
Kwid has put Renault on strong foot in India, said Ghosn
Company's sale to dealers hit an eight-month low to 6,924 units in January
In terms of network reach, Renault grew from 205 to 270 facilities in 2016, making it one of the fastest ramp ups in the auto industry
Growth for Renault came from Kwid largely, which accounts for 80% of Renault's sales in India
Renault India sells a range of vehicles from hatchback Kwid with starting price of Rs 2.64 lakh to SUV Duster tagged at Rs 13.77 lakh
Renault confirmed the development on Twitter, describing an 'exclusive nego(tiation) to develop our brand in Pakistan, incl. A manufacturing plant'
Number of cars sold by the French company was around 70,000 units, while registrations were around 82,771 units
Recall is only in India, companies say; 50,000 Kwid, 932 redi-Go called back
Tata Motors also plans to increase prices of its passenger vehicles during the ongoing festive season to offset rising input cost
Company seeks to leverage 98% of localisation of materials and will launch one car every year 2017 onwards
It is an over eight-fold jump from 1,527 units sold in August 2016
Will compete with Maruti Suzuki Alto K10 and Hyundai Eon
Company also plans to increase its sales network to 270 outlets by the end of this year
The French car maker has gained a firm footing in the small car segment, and is well on its way to becoming the topmost European car brand in the country
Company has ramped up plans for the small car segment, and is set to exit 2016 as the topmost European brand in the country
Renault India has exported 441 units so far in April-June this fiscal, as against just 56 same period last fiscal
A large part of the credit for the Kwid's success goes to sourcing of local components. This allowed Renault to launch the car at Rs 2.56 lakh in September 2015
Net profit came in at 1.5 billion euros on sales of 25.2 billion euros
Priced between Rs 2.57 lakh and Rs 3.53 lakh, Kwid was launched in September last year