Marc Nassif

Renault to launch new car priced at Rs 4 lakh

Renault to launch new car priced at Rs 4 lakhFrench automaker, Renault is planning to release a new passenger car in the Indian market priced at around Rs 4 lakh. Marc Nassif, managing director, Renault India said, "We have projects for below Rs. 4 lakh car. We will share details about that soon. It's not a project for India only, it's a global project of Renault."

Nassif said that about 50 percent of Indian passenger cars cost between Rs. 2 lakh and Rs 4 lakh and the company is aiming to enter the segment and attract customers in indian to the brand.

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