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Renault plans 5 launches in 3 years, eyes double-digit sales growth in 2024

French carmaker Renault is planning to launch five products in the Indian market over the next three years as it looks to tap emerging demand for automobiles in the country, according to a top company executive. The automaker, which saw subdued sales last year owing to various challenges, expects a turnaround in business this year. The company sold around 49,000 units in the domestic market and also shipped close to 28,000 units to various international markets in 2023. "We are definitely eyeing double-digit growth this year... we are refreshing our current product range. Also, there will be marketing actions, so that should help," Renault India Operations Country CEO & Managing Director Venkatram Mamillapalle told PTI. On new product launches, he noted that the company will introduce five products in the next three years. This will be in addition to the investment of 3 billion euros that Renault Brand recently announced for the four key international hubs outside Europe, which ..

Renault plans 5 launches in 3 years, eyes double-digit sales growth in 2024
Updated On : 09 Jan 2024 | 5:10 PM IST

Result preview: Subdued festival sales may reflect in Q3 retail numbers

The third quarter of the financial year typically witnesses higher sales since it coincides with the festival season

Result preview: Subdued festival sales may reflect in Q3 retail numbers
Updated On : 07 Jan 2024 | 10:19 PM IST

Car sales set to end the financial year with a growth rate of over 8%

Maruti Suzuki, increased its wholesale dispatches to dealers by 13.3% last month to sell 136,648 units

Car sales set to end the financial year with a growth rate of over 8%
Updated On : 02 Mar 2018 | 1:12 AM IST