Log in or Register for enhanced features | Forgotten Password?
White Papers | Suppliers | Events | Report Store | Companies | Dining Club | Videos
Automotive Business Review
Return to: ABR Home | Automotive | Parts, Tires and Aftermarket | News Listing

Renault unveils new range of SUVs for Brazil

ABR Staff Writer Published 04 August 2016

CEO Carlos Ghosn announced that Renault Brazil is going to extend its SUV lineup with the Kwid, Captur and New Koleos joining the bestselling Renault Duster.

He also outlined plans for the company’s future in the country during a visit of the Renault Ayrton Senna manufacturing complex in Brazil.

Renault CEO Carlos Ghosn said: “With this new product plan, we expect to capture a significant percentage of the fast-growing SUV segment in Brazil.

“With three of our SUV models to be produced in Brazil, our confidence in this market is further confirmed.”

Ghosn also announced that the Renault Captur will be produced in São José dos Pinhais on the same line that currently assembles the Renault Duster, Sandero, Logan, Duster Oroch and Sandero Stepway.

The launch of the Renault Captur in the popular, fast-growing C-SUV segment will contribute to Renault’s growth in Brazil.

The Renault Kwid will make its debut in 2017 together with the top-of-the-range New Koleos that will be imported. The Renault Captur will be available during the first half of 2017.

Ghosn also confirmed that all investments announced for the country have been maintained despite the current economic environment.

The first investment cycle of BRL1.5bn ($460m) for the 2010-2015 period was completed ahead of schedule. The second BRL500m ($154.5m) investment for the 2014-2019 cycle is in process as planned.

Source: Company Press Release