Renault India Operations Country CEO & Managing Director Venkatram Mamillapalle said, “It is true (right now) the segment is shrinking. But as long as regulations don’t stop us, we will continue to sell the Kwid. We will not exit the segment. Given the traffic situation, small cars with high tech features at affordable prices should be winners, there is no reason why customers will not buy.”
Renault India Operations Country CEO & Managing Director Venkatram Mamillapalle said, “It is true (right now) the segment is shrinking. But as long as regulations dont stop us, we will continue to sell the Kwid. We will not exit the segment. Given the traffic situation, small cars with high tech features at affordable prices should be winners, there is no reason why customers will not buy.”
Renault has moved 28.4 percent (out of 43.4 percent) of Nissan shares into a French trust, where the shares will be voted neutrally, with several caveats - Overdrive
That power is provided by a 1.0-liter three-cylinder turbocharged engine mated to a dual-clutch gearbox and capable of producing 125 PS and 220 Nm of torque - Overdrive