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Renault India to launch sub-Rs.4 lac car in 2015; Renault Lodgy launched in Chennai

Renault Lodgy has been launched in Chennai today priced from Rs.8.30 lacs ex-showroom. The Lodgy aims to offer the performance and comfort of a sedan with the space and convenience of a MPV. Best-in-class space with its 2810 mm wheelbase, superior fuel efficiency and other class leading features is what the Renault Lodgy brings to the play. The company has also announced that it will launch a sub-Rs.4 lac car in 2015. The new car will be a hatchback and will be the third volume product for Renault in India after Duster and Lodgy.

Sumit Sawhney, Country CEO and Managing Director, Renault India Operations said, “Renault Lodgy is a breakthrough product that will redefine the benchmark of performance and convenience of the MPV segment. It comes with features and services that are people centric, addressing real customer needs and will cater to a diverse set of customers. We have priced it extremely competitively, and we are confident that Lodgy will create a new segment in the Indian automotive industry, as we have successfully done with Duster in the recent past.”

Mr. Sawhney also told that Renault will launch a new car that will be priced below Rs.4 lac by the end of 2015. Renault India is aiming for over 5% market share in the country by 2016 and the new car along with Duster and Lodgy are expected to bring volumes. 

Source : CarDekho