Renault recorded 6,422 models final month as in opposition to 3,440 models throughout the identical interval in 2019 with YoY progress of 75 per cent
It’s no secret that Renault is without doubt one of the extremely profitable European producers within the nation in a brief span of time and its presence within the inexpensive section has made it a significant participant. The recognition of the model grew with the Duster however arrival of Kwid hatchback in September 2015 did assist in gaining a lot wanted volumes for sustainability.
The small SUV-like hatchback packs loaded options to provide it a decisive edge over its conventional rivals however its momentum didn’t proceed for lengthy because the French producer suffered gross sales drop for an extended interval because it didn’t have any hit product apart from the Kwid. Final yr although, Renault did flip the tables round with the aggressively positioned Triber modular automobile.
Moreover the launch of the Triber, the facelifted Kwid couldn’t have come at a greater time as Renault ended the yr on a excessive courtesy of each the fashions. In July 2020, the corporate recorded 6,422 unit gross sales as in opposition to 3,440 models throughout the corresponding interval final yr with an enormous Yr-on-Yr quantity improve of 75 per cent.
It loved the very best progress out of all of the carmakers current within the nation final month and in comparison with the earlier month of June 2020, a MoM quantity improve of 38 per cent was recorded. Renault ended up because the sixth largest automaker in India in July 2020 because it completed behind Maruti Suzuki, Hyundai, Tata, Mahindra and Kia.
The market share of Renault stood at 3.2 per cent final month versus simply 1.eight per cent in July 2019. To maintain the momentum, the model is planning to launch a reputation compact SUV that may go by the title ‘Kiger’. The five-seater is predicated on the identical CMF-A+ platform because the Triber and it’ll have loads in widespread with the Nissan Magnite certain for early 2021.
The Renault Kiger is predicted to be launched throughout the festive season (round October) and courtesy of its closely localised platform, its beginning worth may go as little as Rs. 5.75 lakh (ex-showroom). Will probably be powered by a 1.0-litre three-cylinder petrol engine creating round 95 horsepower, and it will likely be paired with both a guide or a CVT.
The non-turbo model of the identical powertrain may be supplied with a guide and an AMT transmission choice.