Who is the owner of Renault?

Renault, in full Régie Nationale Des Usines Renault, major French automobile and motor carrier manufacturer. Controlled by the French government, it is the country’s largest manufacturer and exporter of motor vehicles. Headquarters are in Boulogne-Billancourt.

Is Mahindra and Renault joint venture?

Mahindra & Mahindra (M&M) will buy out its French partner Renault’s 49 per cent stake in the joint venture — Mahindra Renault Pvt Ltd — for an undisclosed amount. The joint venture manufactures the no-frills Logan, an entry level sedan.

Why did Mahindra Renault fail?

The newspaper said Mahindra Renault had failed to price the Logan competitively because of a 20% excise duty on the car that is more than 4 metres in length. Duty on cars measuring up to 4 metres is 8% and Mahindra’s demand to reduce the car’s length was turned down by Renault, the paper said.

Is Mahindra Logan discontinued?

Mahindra Renault has discontinued the Logan [2004-2011] and the car is out of production.

Is Renault a Indian company?

Founded in the year 1899 as Societe Renault Freres by the three Renault brothers – Louis, Marcel and Fernand, Renault S.A. is a multinational car manufacturing company based in France.

Why did Logan fail in India?

“One of the primary reasons the demand of Logan didn’t gather pace was its dated looks. Also the car ended up being a tourist taxi in many urban centres, which dented its image. Besides the uncertainty hovering over the future of the joint venture created doubts in buyers’ minds”, said a Mumbai-based analyst.

When did Renault came to India?

In 2005, Renault marked its presence in India. From then till now, Renault India has achieved many milestones. It continues to further its market share by launching India’s favourite cars, like the Kiger, Kwid, Triber and Duster, with exciting features at an affordable price.

Is Logan a good car?

Excellent fuel efficiency and good pick-up at lower price makes it the best car in this segment. I recommend that if you want a car with good FE, spacious interiors, good pick-up, then close your eyes and book a logan today. Good Fuel economy, Spacious interiors, Good controlInterior look to some extend.

Is Mahindra Renault Logan a good car?

How is Renault Logan?

Mahindra Renault Logan is believed to be a compact sedan car. At present Mahindra Renault Logan is believed to be one of the most affordable and reliable car in this car category which is evenly much more durable and even would require less maintainence cost.

Which country owns Kia?

South Korea
In its ‘home’ country of South Korea, Kia operates three major vehicle assembly plants – the Hwasung, Sohari and Kwangju facilities – plus a world-class research and development centre employing 8,000 technicians at Namyang and a dedicated environmental R&D centre.