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Renault to launch hatchback Kwid later this year, targets Alto 800, Hyundai Eon

May 20, 2015    

Chennai: Renault launched a premium compact car in India on Wednesday to challenge rivals such as local leader Maruti Suzuki, becoming the first European automaker to debut an international model in the world's sixth-largest car market.The Kwid hatchback will go on sale at the end of the year at a starting price of Rs 300,000 ($4,700), and will be made almost wholly in India, Renault said.Car makers in India, though still struggling with a sluggish rural economy, are increasingly looking to premium compact cars with high-end features to target aspirational consumers who want more than just a c...

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