Renault India Pvt. Ltd. today announced plans to increase the prices of its product line-up from January 2014. The hike will be in line with industry standards and it is due to the swelling costs of input, which has further driven up the cost of components.
“Due to unavoidable macro-economic factors such as increasing rates, input costs, Renault India will increase prices across its product range in January. We will provide more information on the price increase soon, although this will be as per industry standards”, commented Mr. Sumit Sawhney, the Executive Director of Sales and Marketing at Renault India, on the price rise.
As with all brands, now would be the best time to purchase a new car since all manufacturers will be giving discounts, offers and freebies due to both the festive season and the fact that it is now the year end. Renault is offering deals on its product portfolio including additional two year warranty, exchange benefits, three years insurance and 24x7 road assistance to all of its customers.