“Renault”- The French automaker does not entail any introduction especially after the success it has tasted in the Indian market. If we wish to glance at the success of Renault in the Indian market then we cannot disregard the compact SUV “Duster” which was launched in 2012 and won the hearts of the customers. Later Renault tried its hand in the hatchback segment by launching “KWID” which also proved to be a great success.
AMT VERSION OF KWID
After successfully managing to dominate the market by launching KWID in 2015, Renault has recently launched the AMT version of “KWID” 1L.We can undoubtedly assert that “Renault” has entered the domain of “MARUTI SUZUKI” in the hatchback segment and has consolidated its position by doing a commendable job.
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RENAULT ALL SET TO LAUNCH MORE KWID VARIANTS IN FUTURE
In India, a majority of the population belongs to the working class and considering that “Renault” strategically keeps viable prices on its hatchback “KWID” and has been successful till now. “Renault” is no mood to halt its services and analyzing the current market trend for “KWID”, “Renault” has resorted to launching more variants of “KWID”.
It is anticipated that the new variants would include a new sub-4meter SUV and a sub-4 meter sedan. Furthermore, an EV variant is expected to be launched in China.
Sumit Sawhney (M.D and CEO of Renault India) stated that: – “Customers need not wait for years to see a new variant of KWID.
“Renault is planning to outstretch its sales from 1.25 million units/year to 2 million units/year. By overviewing the current market share status of “Renault”, there is no hesitation is being assertive about its goal.