Renault is gearing up to launch Duster AWD variant in the Indian car market this month. After launching this variant, the French automaker is planning to launch two new mass market cars in the country in 2015. The company is trying hard to achieve a market share of 5 per cent in next 2-3 years.
We reported earlier that Renault will launch a small hatchback and the Lodgy MPV in 2015. The compact car, codenamed as XBA, would be a global product and will be priced under Rs. 4 lakh. It will compete against the likes Maruti Suzuki Celerio/WagonR and Hyundai i10.
Speaking to FE, Sumit Sawhney, CEO and MD of Renault India, said “The small car will be a global car but India will be among the first major markets. Both vehicles will come with high volume aspirations. To be a major player we need localisation, but also three drivers – volume, image and profitability.”
The XBA compact car will be based on Renault-Nissan alliance’s CMF-A platform, which will also underpins the Nissan upcoming small car ‘I2’. The I2 will be the second small car to be launched under Datsun badge after the Go. The entry level hatchback will get a new 1.0-litre petrol engine, which is currently in development stage. This engine will be coupled to both five-speed manual transmission and auto gearbox. The small car will be locally produced at Renault-Nissan alliance plant near Chennai.