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French car manufacturer Renault which few days back announced its plans of restructuring its JV(Joint venture) with India's largest SUV manufacturer Mahindra & Mahindra, now is planning to launch its one of its kind Renault Twizy model in Indian market. Launch of Renault Twizy is a part of Renault exercise of launching a Zero emission car in India. Renault Twizy ZE concept was showcased at Delhi auto expo where it attracted a large number of visitors because of its new concept and unique design. It's basically a two-seater model built on a four-wheeler chassis. The model can accommodate a driver (front) and a passenger (rear) comfortably. The Renault Twizy ZE runs on a fully electric technology provides zero-emission level.
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Renault India, a unit of France base automobile manufacturer Renault, said on Tuesday that it is planning to establish its own distribution network in the country as company is looking to restructure its JV with Mahindra & Mahindra. Company will start the process with establishment of 15 dealerships within next 12 to 18 months that will be increased to 150 dealerships in coming 30 months, said March Nassif, Renault’s India head.
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Mahindra Renault Ltd., a joint venture between India’s largest utility vehicle manufacturer Mahindra & Mahindra and leading French carmaker Renault is seems to be revitalized soon as Renault India announced on Tuesday that it is planning to restructure its joint venture with M&M.
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Renault Nissan Automobile India, a joint venture between Japanese Nissan Motor Co and French Renault, is all set to commence commercial production of a compact car. Akira Sakurai chief executive and managing director at the launch of Nissan Motor dealership commented that the result of the first production trial was good. They would start rolling out the cars in May. More than 30 units were produced in the first trial and the trial production of power train is on.
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Car Manufacturers Bajaj, Nissan and Renault will introduce a joint venture ultra-low cost car in India by year 2012. According to Renault, France based company, the car will be smaller than the existing Maruti Alto. In this joint venture Bajaj Auto will be handling manufacturing, sourcing, engineering and designing work while on the other hand Renault-Nissan alliance will be taking care of marketing and selling of the car in domestic as well as international market.
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Auto Expo 2010 was the biggest Indian auto fair and auto companies had come up with their best show. Renault, French Carmaker had set his pavilion at Lake Hangar of Pragati Maidan enlightened with the display of car models from its portfolio. The pavilion was catching the crowd with the carmodels at the rotating dais, gorgeous models posing for the cars and attractive lighting. Renault’s reception was providing information to the viewers and media in form of brochures and press release. The company’s representatives were present to entertain the viewers and answer their queries. The pavilion was dazzled with the launch of Renault Fluence, Laguna, Logan, Twizy, Koleos, Megane, and F1.
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The new victim of global slowdown is Renault, French auto major. The company official told to a news agency that it put on hold indefinitely its plans to launch cars in the Indian market from the upcoming Chenni plant. Now the company is looking forward to improve market. However, Nissan, the other partner of the company, is determined to roll out its cars as scheduled in 2010.Renault already stopped hiring for production activities in its Chennai plant. A Renault India spokesman said that they had left their product plan at such a stage that whenever they want to restart it, in no time they could ramp up the production.
French car maker Renault is now planning to launch its famous Sandero model in India soon. The car will be launched in the partnership of Mahindra & Mahindra and French auto manufacturer Renault. Both the companies were together in the launching of Mahindra Renault Logan and the car gained good popularity among buyers.
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France based leading car manufacturer Renault has put on hold its plans of launching new cars till 2010 in India. Company is holding back launch of new cars because of falling demand and global credit crunch. Company is holding back the investment which was decided earlier for its Chennai plant.
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