French automobile maker, Renault is eyeing to roll out a small vehicle below Renault Pulse in the Indian car market.
The yet-to-be-launched car will challenge Maruti’s popular vehicle Alto 800 and Hyundai’s Eon.
Its cost efficient brand Dacia is fabricating low-priced vehicles across the world and the brain behind these cars is of Gerard Detorubet.
Gerard is the individual who planned the highly victorious low-priced Logan. The A+ section car will provide Renault more access in the nation as reasonably priced vehicles are snapped up much faster as compared to vehicles valued more than Rs.5 lakhs.
Renault India has not stated anything regarding the forthcoming low priced car. With an affordable small vehicle, the company would be capable of opposing the big products of the nation such as Maruti Alto 800 and Eon.
The small vehicle would allow Renault to sell it in the other budding markets in addition. It is likely to be catered by an 800 cubic centimeter engine and will carry a price label of around Rs.2.50-3.25 lakh.
Previously, Renault joined hands with Bajaj Auto to devise an ultra low cost vehicle to challenge Tata Nano however the latter’s deprived show in the nation pressured the automobile manufacturer to avoid of the project.