Public CompanyRenault to launch 2 models in India by mid-2011
French car maker giant Renault today said it will launch two models in India in 2011 that will be rolled out from the company"s upcoming Chennai plant.
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The company also plans to resume its investment plans for India that was stopped due to the global economic slowdown.
"We will be launching our luxury car "Fluence" and our crossover "Koleos" in the second half of 2011, both the cars will come in petrol and diesel versions," Renault India Country GM and MD Marc Nassif told reporters at the 10th Auto Expo here.
He said the company plans to roll out its full range of cars in India within two years from now.
"Our plan involves introduction of several new cars within 18-24 months and the full range in 48 months time. These cars will be produced in Chennai and we plan to launch the Fluence and Koleos model in 2011," he said.
The company"s full range will have small to luxury cars, Nassif said, adding, the company is also close to finalising the plan for a distribution network and it would be announced in the first week of February.