Wednesday, December 2, 2015

Renault India registers 144% growth in November

Renault India registers 144% growth in November

The hatchback, launched on September 24 this year, has been performing well and is reported to have received about 70,000 bookings. Though the French carmaker refused to let out the number of Kwids sold, word has it that the Renault Kwid has already grabbed 10% share in the entry-level hatchback segment. It is believed to have sold about 5,000 units of Kwid by the end of October.

Country CEO and managing director, Renault India (operations) Sumit Sawhney, in a statement said, "When we launched Renault KWID in India, we committed to launching a new era and benchmark in the Indian automotive industry. The outstanding feedback and unprecedented response to the car have proved us right. We are grateful for the confidence and trust bestowed in the Renault brand, and are working with a single-minded focus to ramp up production to meet the increasing demand for this revolutionary car. Renault KWID will continue to play a pivotal role in our expansion plans in India."

He also hailed how Renault has managed to reach the Indian masses in a very short period of time. "The growing acceptance by first time buyers indicates that Renault KWID is truly an aspirational product, offering an outstanding value proposition. Together with first time buyers, we are also seeing new consumer trends across urban and rural India, reflecting our promise of accessible mobility for all with this Attractive, Innovative and Affordable product," he further said.



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