Renault India Pvt Ltd recently announced its sales figures for the month of March 2021, the company made a sale of 12,356 units in the last month and scored 7th rank in the gross sale of the Indian car market in March 2021 with a YoY growth of 278% compared to the same time last year, where the company made a sale of 3,269 units only. However, this YoY sale is highly inspired by the COVID 19 lockdown event.
Not only the sales but the market share of the company has also risen from 2.3% from the previous year to 3.9% as of March 2021, which is a big leap for the company. The sales of the last month were the most profitable month of this year, even when comparing the sales of March 2021 to the sales of February 2021 which was the sale of 11,043 units the company registered a growth of 12%.
As of now Renault only has four cars for the Indian car market offering, which are the most affordable Kwid, Triber, Duster and the recently launched Kiger. Amongst all of these, the main reason for these uphill sale figures is the launch of its new compact SUV Renault Kiger, which share many of its features from its cousin Nissan Magnite. And as the recent trend of compact SUVs is action this success is no way near its peak.
The Renault Kiger starts at Rs. 5.45 lakh and goes up to Rs.9.72 lakh, this makes the car, the most affordable SUV in India, undercutting the earlier most affordable SUV, the Nissan Magnite by a margin of mere Rs. 4,000. The Kiger is offered in 2 engine variant options first being the non-turbo 1.0-litre 3-cylinder naturally aspirated petrol engine producing a max power output of 72 PS and a max Torque output of 96 Nm, and for the second a 1.0-litre 3-cylinder turbocharged petrol engine capable of producing a max power output of 100 PS and a max torque output of 160 Nm. While both the types are coupled via either a 5-speed MT or 5-speed AT gearbox.