Renault logs orders for 1.5 lakh Kwids

Chennai, July 7 (IANS) French car maker Renault has logged 150,000 orders for its new car Kwid launched in India in late 2015, the company said in a statement on Thursday.

According to Renault, the Kwid enjoyed success with 150,000 orders in India since its launch, lifting its market share by 2.3 points to 3.8 per cent.

During the first six months of the calendar year 2016, Renault sold 61,895 units in India, accounting for a market share of 3.8 per cent, the company said.

For Renault, India was the sixth largest market in terms of sales volume at the end of June 2016.

The Renault group sold 1.57 million vehicles globally during the first half of 2016 logging 13.4 per cent growth over the corresponding period in 2015.

“Our market share grew across all regions, with particularly strong momentum in Europe and the Africa Middle-East India area. Buoyed by the success of a renewed range, the Renault brand grew by 16 per cent worldwide, and Renault Samsung Motors by 25.9 per cent in Asia. Dacia continued to grow setting a new worldwide sales record in the first half of the year,” Thierry Koskas, Group Renault Executive Committee member and Executive Vice President, Sales and Marketing was quoted as saying in the statement.

–IANS

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