Renault’s link with M&M for Logan to continue putting an end to the speculation about the split, confirmed by the Chairman and CEO of Renault-Nissan. The changes or strategies involved in the project are not revealed but the car is pairing with M&M’s Scorpio in the showrooms. Renault is firm and clear with its projects for the future Indian market and Logan is in no way a meddle for its business.
Renault is to have a clear mindset about marketing its products but it is to be remembered that the venture between Renault and M&M is on 51:49 basis for manufacturing Logan. The car has made a dismal show with less than 500 unit incurring a loss of Rs500 crore. The Nashik plant was designed for 50000 cars per year. M&M prefers to have changes in the design of Logan especially its length to be fit for small car in the Indian market so as to avail cut on duty of 8% (from20%) thereby reducing the cost of the car by Rs50000. Hence the mood in the Renault camp is to alter the vehicle for the improved sale in addition to localized components for reducing the cost.
Other factors will be worked out then and there. Everything will materialize before the ensuing Auto Show in Delhi. Renault is committed to deliver what the customer wants and to be value-driven. Logan is a great success in Russia, Europe and North Africa and Brazil. Renault is surprised about the Indian impact for this car and it gives importance for Logan on futuristic aspects.