Renault India to Hike Prices by January 2015.
After a long list of manufacturers confirmed that they will be hiking prices by 2015, Renault India too has decided to follow the suite.The hike will be by almost 2.5 percent (at the least), and is expected to be applicable to all their cars.Apart from Renault, manufacturers like Maruti Suzuki , Hyundai and Nissan have all confirmed that they will hike prices by 2015.
Renault’s cheapest offering in India , the Pulse is expected have the least price hike.As the models increase from Scala, Duster, Fluence,to their costliest offering Koleos , the hike is expected to increase proportionally.
On their official statement , Rafael Treguer, Vice President, Sales and Marketing, Renault India, has said :
“So far we have absorbed the rising input costs, but a sustained challenging market environment has compelled us to increase our prices. The industry is eagerly looking forward to pro-business policies to reignite the automobile industry in India,”
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Renault India is also expected to launch their Lodgy MPV by February 2015.The car will boast of a 1.5-litre dCi engine , which produces 85PS of power.
Stay tuned for more news and updates!