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Renault India to hike prices from January 2018

Renault India to hike prices from January 2018

Snapshot: Renault India has cited the continuous increase in the input and freight costs as the major reasons behind the increment.

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Renault, the French automaker has joined the list of manufacturers to announce the hike in the prices of its vehicles from January 2018 in India. Various auto manufacturers like Tata Motors, Volkswagen, Hyundai, Honda have announced the same.  

Renault India has cited the continuous increase in the input and freight costs as the major reasons behind the increment. Accordingly, the decision has been taken to partially offset its impact on the company’s growth in future.

The increase will witness the rise in the prices of Renault Kwid, Renault Duster and Renault Lodgy. However, the prices of the newly launched SUV, Renault Captur, will be completely unaffected by the increment of the prices in the next year.

Renault’s newest launch, the Captur SUV entered the Indian market in October this year and has been warmly welcomed in the Indian market. The crossover-ish designed SUV, Renault Captur, looks appealing with its curvy body along with flared arch wheels. It is offered in both, petrol and diesel engine options. The petrol variant derives its power from a 1.5-litre motor that develops a maximum power output of 108 bhp and a peak torque of 142 Nm. On the other hand, the diesel version is driven by a 1.5-litre K9K unit that manages to produce a maximum power output of 109 bhp against a peak torque of 240 Nm. It has been priced starting at Rs. 10 lakh (ex-showroom, Delhi) for the base model and goes up to Rs. 14.06 lakh (ex-showroom, Delhi) for the top-end trim. 

Renault India has already reported in October that it will be expanding the Kwid family in the near future. It has been working on a CMF-A+ based compact MPV that is most likely to arrive next year. Moreover, an electric variant of Renault Kwid is also scheduled to see its light in the country by 2022.

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