Renault to hike car prices from new year 2020
- Renault joins a number of manufacturers who have already informed of an impending price hike.
NEW DELHI : Renault India on Thursday announced a 'substantial price increase' across all its products in the country starting form January of 2020.
Renault joins a number of manufacturers who have already informed of an impending price hike. Like them, the French manufacturer blames rising input and material costs for the decision to increase car prices.
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The company also said that the extent of the price rise would vary from model to model.
Renault has had a torrid past few months and the month-on-month sales figures have been proof of how it has struggled to find favour with Indian car buyers. Nonetheless, some of its popular models here include Kwid, which recently underwent a facelift, and the Duster.
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