Tuesday, February 7, 2023
Indian Drives
No Result
View All Result
No Result
View All Result
Indian Drives
No Result
View All Result
Home Latest News

Renault to Begin Third Shift at Production Plant

by indiandrives
in Latest News
0 0
0

The country MD for Renault India, Marc Nassif, said that their car production plant will soon begin its third shift and increase their output to almost double, at 4 lakh models by next year.

During the opening of the company’s new Chennai dealership, Nassif had said that the third shift at their production plant will begin in a few weeks time, increasing output by 2 lakh models per annum. By mid-2012 the second line will be ready to double the company’s production capacity.

The JV of Renault-Nissan will complete their planned INR 4,500 crore investment soon. The JV was offered structured incentives from the state government of Tamil Nadu for making huge investments in the auto sector will beat their 2015 deadline of investments in two years at least, according to Nassif.

They will introduce three new models by next year, so that their portfolio includes 5 models, including the Koleos, a 4X4 SUV that will be introduced this year, reaching sales of 100,000 units per annum by 2013. To reach this goal, they will have around 100 dealer outlets in India by next year end. Currently the company has 12 dealer outlets that will increase to 40 dealer outlets by 2011 end.

The deputy country MD for Renault Group, Sudhir Rao, said regarding Renault being their first choice to enter India, the feature packed and stylish Fluence showcases Renault’s missing face in the Indian auto market. This will help to correct the ‘plain Jane’ perception created earlier with the launch of their Logan, which did not do well in the market. He added that by 2012, with other models being launched by Renault in India, they will occupy a better position in the market.

So far, the Fluence is available in India is a petrol variant at INR 14.40 lakhs, and the diesel variant for INR 12.99 lakhs. They also changed the trend in the market by offering their diesel variant cheaper than their petrol variant. The diesel variant also has fewer features, as they believe people looking at a low ownership cost, will prefer to economise their purchase.

Tags: Renault IndiaRenault production plant
Previous Post

BMW India Launches New Showroom in Pune

Next Post

BMW India to Enter Used Car Business in India

Next Post

BMW India to Enter Used Car Business in India

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

  • Useful And Essential Car Accessories To Have For Your New Car
  • 10 Most Fuel Efficient Cars In India
  • What To Do If Your Car Breaks Down In The Middle Of Nowhere
  • 18 Things To Keep In Your Car – Car Essentials
  • 10 Useful Tips For Car Owners

Archives

Categories

No Result
View All Result
Indiandrives.com

© 2021-2022 Indian Drives

Navigate Site

  • Auto Expo 2020
  • Aston Martin
  • Audi
  • Bentley
  • BMW
  • Buyers Guide
  • Car Comparison
  • Chevrolet
  • Driving Tips
  • Events
  • Featured
  • Ferrari
  • Fiat
  • Force
  • Ford
  • Great Wall Motors
  • Harley Davidson
  • Honda
  • Hyundai
  • Isuzu
  • Jaguar
  • Kia
  • Koenigsegg
  • KTM
  • Lamborghini
  • Latest Cars
  • Latest News
  • Lexus
  • Mahindra
  • Maruti Suzuki
  • Maserati
  • Mercedes Benz
  • MG Motor
  • Mitsubishi
  • New Car Reviews
  • Nissan
  • Peugeot
  • Porsche
  • Range Rover
  • Renault
  • Rolls Royce
  • Skoda
  • Tata
  • Test Drive
  • Auto Expo 2020
  • Toyota
  • Kia
  • Upcoming Cars
  • MG Motor
  • Used Car Reviews
  • Volkswagen
  • KTM
  • Volvo
  • Isuzu
  • Harley Davidson
  • MG
  • Great Wall Motors

Follow Us

No Result
View All Result

© 2021-2022 Indian Drives

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In