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Renault KWID World Premiere In India: Live Coverage

11.30 AM: Carlos Ghosn, Chairman & CEO, Groupe Renault, is now addressing the participants of the Renault KWID launch

Published On May 20, 2015 11:31 AM By Sourabh
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Launch Update: Renault Kwid has been launched at a price of Rs 2.56 lacs (Ex-showroom, Delhi). The car has introduced many-segment firsts and has been offered at a price that is extremely competitive, especially considering all the features offered by the zippy little French car. Check out the complete launch details right here: Renault Launches Kwid at Rs 2.56 lacs

11.30 AM: Carlos Ghosn, Chairman CEO, Groupe Renault, is now addressing the participants of the Renault KWID launch.

11.32 AM: The crossover styled hatch has 7 inch- touchscreen MediaNav- First in Segment.

11.34 AM: To be priced between Rs 3 to 4 lac.

11.36: The car will first be launched in India and then will be made available for emerging markets and later on worldwide.

11.36: First car in India on new CMFA platform jointly developed by Renault-Nissan alliance.

11.40 AM: The car will be launched during the festive season with 98% localisation in india.

11.41 AM: Carlos Ghosn says, "This car is for the conquest and is the first A-Segment car in India. This will surley rattle the cages of Maruti Suzuki and Hyundai in India.

11.42 AM: Best in class boot space, best in class legroom.

11.44 AM: Kwid is build on Alliance Platform and will generate more cars in near future.

11.45 AM: First car on CMFA platform jointly developed by Renault-Nissan alliance.

11.46 AM: Renault India's first milestone is acquiring 5% market share in country.

11.48 AM: Carlos says, Renault is learning from its own, and is looking for new opprotunities.

11.50 AM: The compact hatch will be exported to nearby countries and surrounding regions.

11.51 AM: The car is co-developed by the engineers from France, India and Japan. The automaker will invest INR 30 Billion on this new platform.

11.55 AM: "Yes, Renault will make money in India", Carlos answering a question.

11.56 AM: Renault KWID meets all the safety standards in India and will be coming with ABS and other stuffs.

11.57 AM: Carlos also says, "There will be no cross badging across Nissan and Renault. Nissan will not use the KWID but will use its CMFA platform."

12.00 PM: For the moment, there is no plans of launching KWID in Europe. The car is only for emerging markets like India and other developing countries.

12.01 PM: No Dacia badge for KWID. For our readers, Dacia is Renault's fully owned subsidary brand.

12.04 PM: In 1984, Reanult launched its first MPV Espace and since then, the company has not looked back.

12.07: Renault KWID will house 800cc engine.

12.08 PM: Nissan will also launch its new small car RediGo in 2016 which will be based on Renault KWID's platform.

12.10 PM: The event is now over. Have a look on some more event images.

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Sourabh

Starting from a Stock Broker to an Investment Adviser to a News Reporter at CarDekho, Sourabh describes his journey so far to be full of twists and turns. His fascination towards cars actually led him to the automotive arena. In a car, besides the powertrain, he loves to explore the luxurious features integrated with some sophisticated electronic components. He holds a bachelor's degree in Electronics & Communication Engineering, which further helps him explain the complex technical terminologies in a simple language to the users. He tends to explore the technological advancements found in the latest vehicles. He heads the comment moderation team at CarDekho Forum along with his contribution in News, Features and RoadTest. 

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