Renault is the new No. 4 in India

deehunk · 20th January 2018, 13:17

The year 2017 has been bitter for Renault in India. There is a decline in sales of 15% over the record 132,235 vehicles it sold in 2016. Quoting from the source "Many of the 320 plus dealerships of Renault are sitting on large unsold inventory. “Dealers have carried unusually large unsold stocks of previous year into 2018 compared to the levels in 2017. There is large stock at the company’s plant too”, said another dealer who is sitting on an inventory of over a hundred Kwid".
More news on the below link,

http://www.business-standard.com/art...1700236_1.html

Flyer · 20th January 2018, 17:47

Congratulations Renault! The growth of Renault reassures the love for SUV’s in India as the two cars which are the bread and butter of Renault India are Duster and Kwid. All manufacturers are concentrating on offering new SUV in the market with the huge success of compact SUVs. Not so good news for non SUV lovers!

20th January 2018, 13:17	#16
deehunk Senior - BHPian Join Date: Nov 2009 Location: Bangalore Posts: 1,937 Thanked: 2,913 Times	Why Renault is struggling to grow in India The year 2017 has been bitter for Renault in India. There is a decline in sales of 15% over the record 132,235 vehicles it sold in 2016. Quoting from the source "Many of the 320 plus dealerships of Renault are sitting on large unsold inventory. “Dealers have carried unusually large unsold stocks of previous year into 2018 compared to the levels in 2017. There is large stock at the company’s plant too”, said another dealer who is sitting on an inventory of over a hundred Kwid". More news on the below link, http://www.business-standard.com/art...1700236_1.html Last edited by deehunk : 20th January 2018 at 13:27.
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20th January 2018, 17:47	#17
Flyer BHPian Join Date: Jan 2018 Location: KL 02 Posts: 557 Thanked: 1,388 Times View My Garage	Re: Renault is the new No. 4 in India Congratulations Renault! The growth of Renault reassures the love for SUV’s in India as the two cars which are the bread and butter of Renault India are Duster and Kwid. All manufacturers are concentrating on offering new SUV in the market with the huge success of compact SUVs. Not so good news for non SUV lovers!
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