19438
Renault Launches Duster Pickup
Economy, Auto

Renault Launches Duster Pickup

Renault unveiled the Duster Oroch no-frills pickup truck aimed at the emerging Latam market as the automaker bets on resilient demand in South America and hopes to build on the success of its Duster SUV.
The Duster Oroch is Renault's first medium-sized pickup. It has a double-cabin layout with a row of seating behind the driver and front passenger. With four doors and five seats, it offers a level of space comparable to bigger pickups, Renault said in a statement.
The vehicle, whose main rivals will be the Volkswagen Saveiro and Fiat Strada, will go on sale in the region later this year, according to Auto News Europe.
Renault has not yet indicated whether the Oroch will be produced and sold in other markets and has not set any prices for the model.
"Latin America is an important market for Renault and today pickups are important in Latin America, so we had to enter the segment," Renault commercial vehicles chief, Ashwani Gupta, said in an interview.
The Duster Oroch was unveiled at the Buenos Aires auto show on Thursday. It shares its underpinnings with the hot-selling Duster.
South American pickup sales reached almost 681,000 vehicles in 2013, according to IHS Automotive, before a broader slowdown still being felt in emerging markets. IHS sees sales recovering to approach their earlier peak by the end of the decade from 557,000 next year.
North America remains the world's biggest pickup market, approaching 3 million annual sales, while Europe is one of the smallest at 141,000. European carmakers have been slow to exploit the vehicles' sales potential overseas.
Renault is rolling out its first pickup in the larger midsize category next year, based on Japanese affiliate Nissan's Navara model, whose underpinnings will also be shared with a Mercedes-Benz pickup.

 

Short URL : http://goo.gl/IhlDpX

You can also read ...

German firms, especially those without business links to the US, want to continue their Iran business.
While Germany’s big banks are studiously avoiding Iran-related...
New Rules Allow  Direct Forex Sale
Businesspeople that have validated their purchase orders are...
Iran is the world’s biggest saffron producer and accounts for more than 90% of the global production.
Iran Mercantile Exchange launched saffron futures trading for...
Banking Amendments Approved
The Money and Credit Council approved the Central Bank of Iran...
Iran Khodro Expanding Presence in Iraqi Market
Iran’s largest carmaker, Iran Khodro, is set to export 6,000...
Uber Plans Taxi-Hailing  in Japan
Uber Technologies plans to launch its first taxi-hailing pilot...
Tesla Admits Model 3 Braking Issue, Promises Fix
Tesla Inc’s Chief Executive Officer Elon Musk admitted on...
Prices have been jacked up by car dealers and some makers by 6-22% only in the past few weeks.
Authorities are set to ratify new car prices for models...

Trending

Googleplus