Renault sees more steam in Kwid despite volume blips

Kwid starts making money as volume crosses 100,000 units

With Carlos Ghosn, the chief at Renault-Nissan taking comfort from the sight of profitability in Renault's India operations, a lot is riding on Kwid, the company's best seller in India.

The fifteen-month old SUV styled entry segment car though has seen some weakness in volume recently. Having sold more than 140,000 units of the Kwid, Renault today launched a new variant under the Kwid. The Kwid Climber will be available at a price of Rs 4.3 lakh and Rs 4.6 lakh (ex-showroom, Delhi).

The car, which is priced significantly higher than the entry level Kwid (Rs