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Monday, June 23, 2008

New Renault Models Coming to INDIA Soon.

Renault's solo product strategy in India soon change. The company plans a slew of launches by 2010. Carlos Ghosn may be looking for another Indian partner.

Renault India plans to introduce cars across all segments. Having acquired 2.2 % market share with just one product, the Logan, the company now wants to bring out more cars from its Chennai plant.

"We will launch 4-5 in 15-16 months one after the other. We will have a mix of all segments- big and small", said Sylvain Bilaine, MD, Renault India.

Renault's Sedan and Sandero could be a good fit for the Indian market. It has been successful in South Africa, Brazil, and will soon be launched in Europe. Two completely built units, or CBUs, the Twingo and Laguna, which were displayed at the Auto Expo, may also be driven in.

These new launches may be marketed through the Renault- M&M JV but a final decision is yet to be taken.

Even the marketing and branding of Renault-Nissan- Bajaj's

small car will be decided in a couple of months. While the small car plans are moving ahead, Renault's LCV plans are still on hold. Interestingly, Renault is open to even more partners. So, after Mahindra and Bajaj, do not be surprised if Carlos Ghosn goes looking for suitors again.


Source : CNBC-TV18

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