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Renault loses steam as buyers shift gears

Renault loses steam as buyers shift gears
While Renault reported an over 12 per cent decline in sales and lost market share, Market leader Maruti Suzuki grew over 19 per cent. French car maker Renault was the fastest growing brand in the domestic car market last year. The aspirational Indian buyer was looking for a new car that looked and felt like a sports utility vehicle, and Renault seemed to have the answer. Its stylishly-designed small car, the Kwid, was pulling buyers away from competitors. Riding on the success of a single ...
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