Ad Here  
May
June
July
August
September
October
 
 
Automobile sector in slump... Carlyle invests in Trehanís Medanta Medical Centre Jet-Etihad Rs 2000 plus crore deal to be cleared Wal-Mart studying FDI norms post split with Bharti Trends point to a hung assembly Airlines hit by service tax on lease While MoTown is on a tailspin, the telecom sector is staging a rally Kolkata kisses goodbye to Ambi? Vodafone to buy out minority shareholders Smartphone prices may change Infosys not to cut prices LANCO opens negotiations with buyers for Karnataka power plant Fox Star Studios to tie-up with Bolly-wood and Kollywood Vodafone slapped with tax notice of Rs 3700 crore GMR to raise US $ 250 mn thru QIP TCS, Indiaís biggest block buster Flipkart India in the red by Rs 280 crore Latin America beckons India for investments Lanco to sell Australian acquisition How important is Modiís German visit... Hunt for new finance secretary on... Aircraft lessors to get protection from defaulting airlines German envoy Steiner caps a language row Excise duty may halt the war in SUV market Plans to double trade with Latin America ONGC to draw down on reserves to meet CAPEX needs Urja Sangam in Delhi Capital Notes Renault revving up small car launch Canada screams over IT outsourcing to India Hyundai Grand i10 awaiting launch TVS bullish on the two wheeler market? Singapore Airlines prefers Airbus SpiceJet in the news again
 
Renault revving up small car launch

French car maker Renault is planning its small car launch. Priced at around Rs 4 lakh, it is expected to hit the markets in mid-2015. It will be Renault’s second offering in the crowded small car segment after the rebranded Nissan’s Micra as the Pulse flowing from its joint venture with the Japanese auto maker.

Renault is already planning to widen its dealer network from 125 to 170 by December this year. The company’s joint facility in Chennai with Nissan has increased the overall production capacity to near 500,000 units per annum from the existing 400,000 units to accommodate the new model.

With the launch of the new small car, enault hopes to enhance its market share in the high volume small car segment to about 5 per cent which is dominated by Maruti

Suzuki and Hyundai Motor.

 

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com