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Renault to launch Captur by Dec, eyes 5% market share by 2019

Firm has set a target to close current year with total sales of 100,000 units in the domestic market

Renault
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Logo of Renault (Photo: Reuters)

T E Narasimhan Chennai
French auto major Renault said that the upcoming new brand Captur, which is scheduled to be launched by end of this calendar year, is important for the company to achieve its vision of 5 per cent market share by 2019. The company also said its MPV Lodgy is coming back as demand from the fleet segment is growing.

The company has set a target to close the current year with total sales of 100,000 units in the domestic market. 

Renault will be closing this year selling over 100,000 units in the domestic market. Till date (eight months starting January) the company has