The French car maker Renault is all set to mark their debut in the high growth potential small car segment in the Indian market very soon. The company is developing a new compact car which will be competing with the likes of Maruti Alto, Chevrolet Spark and Hyundai EON. The segment accounts for about 40 to 45 percent sales of the Indian car market.
The new Renault small car, which has been codenamed as "A Entry", will be powered by an 800 CC engine and is expected to come with a high fuel economy figure. As per the recent media reports, the company is developing a new small engine, which is codenamed as B4A, which is expected to be deliver a fuel economy of up to 20 km per liter.
The small car will be developed under the leadership of Company’s low cost car specialist, Mr. Gerard Detourbet. It will be positioned below the premium hatchback Pulse in Renault India’s portfolio, in the price range of sub Rs 3 lakh.
Renault India had marked their re entry in the Indian market last year and have 4 car models in their portfolio including hatchback Pulse, compact SUV Duster, premium sedan Fluence and luxury SUV Koleos.
