AFP: Renault hopes to crack India market with cheap car - by Penny MacRae
For the complete report from the AFP click on this
Long stuck at a red light in India, French automaker Renault has fresh plans to conquer the country's explosively growing car market with a revitalized local partnership deal and a low-cost vehicle. Renault and its Japanese partner Nissan are set to join in 2012 the crowd of manufacturers producing low-cost cars for India in a bid to challenge head-on the Tata Nano, the world's cheapest automobile. "I don?t want Renault and Nissan to be makers of very pretty cars people dream about but can't afford," Carlos Ghosn, who runs the Franco-Japanese car-making alliance Renault Nissan, said in New Delhi last week.
Labels: Automotive Industry, EU, France, India
