on 12, Apr 2015

NEW DELHI: French car major Renault plans to venture into used car business in India in the second half of this year as it looks to strengthen its position in the country, where it aims to have 5 per cent market share by the end of 2016.

Besides, the company which sells six models in the country including sports utility vehicle Duster and recently introduced Multi-Purpose-Vehicle (MPV) Lodgy, aims to double its sales in the current year to around 1 lakh units.

Source : ET


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