Word: renault
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...million Indians who buy motorbikes every year, not only will it have a hit on its hands, it also will have expanded India's car market by more than half. Competitors aren't willing to cede that kind of market share without a fight. Carlos Ghosn, head of Renault-Nissan, recently announced that his company was looking at building a $3,000 car in India. Fiat, General Motors, Honda, Hyundai, Maruti Udyog (the Indian division of Japanese manufacturer Suzuki), Toyota and Volkswagen are also working on low-cost cars, though none of them have promised anything quite as cheap...
This trend is spreading to some surprising places. When French carmaker Renault introduced the midsize Logan in 2004, it expected to sell the bulk of the basic sedans in Eastern Europe. But the Logan, which Renault builds in Romania and Russia and costs as little as $7,200--about 40% less than rival sedans--quickly took off in wealthier Western Europe as well. The car now sells in more than 50 countries, and Renault is struggling to meet demand. "Our aim is to produce the most affordable car in its segment, and because we're doing that well...
...million Indians who buy motorbikes every year, not only will it have a hit on its hands, it will have expanded India's car market by more than half. Competitors aren't willing to cede that kind of market share without a fight. Carlos Ghosn, head of Renault-Nissan, recently announced that his company was looking at building a $3,000 car in India. Fiat, General Motors, Honda, Hyundai, Maruti Udyog (the Indian division of Japanese manufacturer Suzuki), Toyota and Volkswagen are also working on low-cost cars, though none of them have promised anything quite as cheap...
...This trend is spreading to some surprising places. When French carmaker Renault introduced the midsize Logan in 2004, it expected to sell the vast bulk of the basic sedans in Eastern Europe. But the Logan, which Renault builds in Romania and Russia and which costs as little as $7,200 - about 40% less than rival sedans - quickly took off in wealthier Western Europe as well. The car now sells in more than 50 countries and Renault is struggling to meet demand. "Our aim is to produce the most affordable car in its segment, and because we're doing that well...
...much of the ideological groundwork for the U.S. invasion of Iraq. The AEI has identified dozens of energy companies active in Iran's oil and gas fields and has also pointed a finger at such engineering, transportation and communications giants such as Siemens, Daimler-Chrysler and Volkswagen of Germany, Renault and Peugeot Citroen of France, and Ericsson and Volvo of Sweden...