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Foreign car firms weigh recovery plans
Mint Kolkata
|October 06, 2025
Despite the grand plans, experts are sceptical of how sustainably cos can invest at a time of global turbulence
-
Auto sales declined by 2.4% in April-August 2025.
(MINT)
country.
India managing director Venkatram Mamillapalle believes two primary levers will help in increasing sales in the upcoming years - Renault fully owning the Chennai plant (it was jointly owned with Nissan earlier) and diversifying the customer base to more premium buyers.
"We have mostly targeted the sub-₹10 lakh segment, but now our customer profile will see a diversification to go beyond ₹10 lakh," Mamillapalle said. He added the company will look to regularly launch products in India and invest in its sales and services network.
A report from Autocar Professional said the planned launches include the updated Triber, Kiger and Duster as well as Bigster, which would be a seven-seater SUV based on the Duster platform.
This story is from the October 06, 2025 edition of Mint Kolkata.
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