Renault India to Hike Prices from New Year
Renault India, the fully owned subsidiary of French car maker Renault s.a.s., today announced a price increase across its range of products. Renault Indian sells five models in India starting with the premium hatchback Pulse, mid-size sedan Scala, the popular SUV – Duster, premium sedan – Fluence and the top- of-the-line SUV Koleos.
Wajeeh
Published On Dec 18, 2012 12:47 IST
Published OnDec 18, 2012 12:47 IST
Last Updated OnDec 18, 2012 12:47 IST
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Commenting on the price increase Sumit Sawhney, Executive Director, Sales & Marketing said “we have to follow suit with the rest of the industry as input costs have gone up tremendously. We tried to absorb the increase as much as possible but now we are forced to pass on some of the burden to our customers as high input cost coupled with high inflation are all eating in to our bottom line.
But at the same time we have tried our best to keep it at a level where it should not impact demand and we are sure that customers would still see a lot of value in our products.” The price increase will be up to 1.5% across the range and will be effective from January 1, 2013.
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Raised in the Middle East, Wajeeh Khan spent most of his life in Doha, Qatar where he was originally educated in the field of communications and networking. He spent five years working and garnering experience in various fields including administration, insurance, sales and construction. However, Wajeeh has always had a deep seated passion for automotive writing, which has brought him back to his roots in India and although a fresher in the field, he is an obsessive enthusiast with an extreme and inquisitive nature and has his bases on the hows and whys of the functioning of a car, all covered.</p>
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Armed with exceptional knowledge on the workings of the English language and his obsession for cars, he hopes to make a name for himself in the field of automotive journalism.</p>
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