The Renault Kwid platform based compact sedan and crossover are likely to be priced quite aggressively against their respective rivals.
Buoyed with the success of the Renault Kwid, the French carmaker is planning to introduce new low cost cars based on the CMF-A modular platform.
Renault-Nissan Alliance is planning to develop a range of new low cost cars based on the CMF-A modular platform that also underpins the Renault Kwid small car. The same platform also been used for the Datsun Redi Go that recently launched at Rs 2.38 (ex-showroom, Delhi). On the sidelines of New York Auto Show, Carlos Ghosn, Chairman and CEO of Renault-Nissan Alliance, said that the CMF-A low-cost platform based Kwid has received excellent response from buyers in India and it would be good for the alliance to get new products on the same platform for other emerging markets as well.
The CMF-A (Common Module Family- A Segment) is basically a highly flexible architecture, which has been designed to adopt different body styles. This means that products will have different body styles though with same platform. This architecture was primarily engineered in India with an aim to achieve aggressive pricing for future products for emerging nations. As a reminder, the Renault Kwid has received over 1.10 lakh booking mark in India so far.
Keeping rising demand for compact cars in mind, the Renault-Nissan Alliance is considering a sub-4 metre compact sedan for the Indian market. This sub-compact car could be positioned against the upcoming Tata Kite 5 and the Chevrolet Beat Essentia. There is a possibility that the French carmaker will also bring-in a sub-4 metre crossover, which could also be priced quite aggressively. These products will not only be developed for the Indian market but could also go on sale in select international ones. Having said that, the company hasn’t revealed the exact time frame for these new products.
Interestingly, the company also plans a pure electric CMF-A based product for the Indian market. However, Mr. Ghosn said that an electric vehicle is not a part of the Alliance agenda for the immediate future.