Saturday, 26 November 2011

Renault, Nissan plan new small car for Indian market; to take on Maruti Suzuki’s Alto and Hyundai’s Eon




French car maker Renault and its alliance partner Nissan are considering a new small car for the Indian market. Renault has appointed Gerard Detourbet, currently head of its entry level division, to oversee the Indian project. The proposed entry-level small car will take on Maruti Suzuki's Alto and Hyundai's Eon in the country's rapidly growing small car market.

Mr Sudhir Rao, COO, Renault India, said, "40-50 % of the car market in India is at the entry level and going ahead too it will form one third of the total car market. So, our entry is inevitable. And this is a step in that direction."

Maruti Suzuki Alto has been market leader for quite some years now, which is because it hardly had any real competitors. For the first time in years, Alto faces a tough competitor in the form of Hyundai Eon but now the competition might come from Renault Nissan, VW and Skoda as well.

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