Latest Car News in India

Wednesday, December 14, 2011

By Pranjal Gera

Renault Koleos SUV to be expensive by Rs 1 Lakh

The French automaker’s Indian arm, Renault India has announced an upward revision in the price of its Sports Utility Vehicle (SUV) Renault Koleos. The premium SUV of the company will now be expensive by 4.3 percent from January 1st 2012 onwards. The falling Indian rupee in comparison to American dollar is responsible for this augment in price of the off roader. The vehicle that was earlier tagged with the price of INR 22.99 Lakh will now cost around INR 23.99 Lakh (Ex Showroom, New Delhi), an increase of INR 1 Lakh. This was stated by the top official of France based company.

The Managing Director for Renault in India, Mr. Marc Nassif said that the company had to agree upon this tough call of increasing the price due to increase in the input cost of raw materials and declining Indian rupee. According to him, so far the firm was attracting the increasing costs, but from January onwards the consumer will also have to assist the company in sustaining the cost.

Renault Koleos Pictures

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The 4X4 vehicle, Renault Koleos which has the capacity to seat five occupants comfortably, was launched in India this year in September. In the European continent, Koleos registered strong growth of 51 percent in the initial half of 2011.

The brawny SUV; which is imported as Completely Built Unit (CBU), comes packed with a 2.0L DCI diesel power-train that is capable enough to produce peak power of 150 PS at 4000 rpm together with a peak torque of 320 Nm at 2000 rpm.

Renault Koleos Pictures

See More Renault Koleos Pictures Get Renault Koleos Price

Mr. Nassif further added that, still with its revised prices Koleos SUV offers refined quality luxury and extraordinary features that are great value for money. Since its launch, the Renault Koleos has ascertained its strong position in the premium SUV segment in India, he added.  

Apart from Koleos, Renault also retails a sedan christened Renault Fluence in the country. In the upcoming 2012 Indian Auto Expo, the company plans to launch its first hatchback in the form of ‘Renault Pulse’, which is said to be the rebadged version of successful Nissan Micra, along with the display of much anticipated compact SUV Renault Duster.

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