Renault, a late entrant into the Indian automotive market, has managed a market share of 1.5 percent on the success of a single product — its compact SUV Duster. Such has been the SUV's success that Duster has today become a more prominent name in India compared to Renault. The French car-maker has been very keen on leveraging Duster's success and deepen its presence in India — the only market which, along with China, will see a demand growth in excess of six percent going forward. It recently launched Lodgy, a multi-utility vehicle. But Renault hopes that its entry-level car Kwid, launched in Chennai today, could well provide the volumes it desperately craves in India.
"Renault Kwid will be the game-changer for us in India," said Carlos Ghosn, chairman and CEO of Renault, while unveiling the car. "It’s a car for conquest and marks our entry into the A segment which accounts for 25 percent share of the cars sold in India," he added. Kwid, the first to be built on the new CFM-A platform, is powered by a 800 cc engine and comes with 97 percent localisation. According to Ghosn, three elements set Kwid apart — its pricing that starts at Rs 3 lakh, top of its class fuel efficiency and first-of-its-kind features in its segment, such as the navigation system.
Why kwid still not come on road. ?? Is there any techinicla issue.?? Company is continue extending dates ??
on Oct 17, 2015