Renault Gives Latitude Its World Premier at the Moscow Motor Show and Announces Local Production of Three Models: Duster, Mégane Hatchback and Fluence
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PRESS RELEASE August 25, 2010 RENAULT GIVES LATITUDE ITS WORLD PREMIER AT THE MOSCOW MOTOR SHOW AND ANNOUNCES LOCAL PRODUCTION OF THREE MODELS: DUSTER, MÉGANE HATCHBACK AND FLUENCE Renault is introducing Latitude for the first time at the Moscow International Motor Show. Renault is also launching the following new models to the Russian market: Duster, the new automatic Logan, Sandero and Sandero Stepway (complete knock down, CKD), as well as Fluence sedan and Mégane hatchback (semi-knock down, SKD). These vehicles will be produced locally from 2010-2011. Renault is one of the key players in the Russian automobile industry. Since 2005, in partnership with the Government of Moscow (Avtoframos), it has successfully developed its production facilities in the country. In 2008 Renault became the strategic partner of AvtoVAZ. The alliance between Renault-Nissan and AvtoVAZ plans to capture 40% of the Russian market by 2015. Renault has ranked as the number-four brand in Russia since April 2010. Its market share has risen to 5.3%, with 50,801 cars sold in the first seven months of this year. Logan has held onto its position as Russia's top-selling foreign car. Direction de la Communication 1967, rue du Vieux Pont de Sèvres – 92109 Boulogne Billancourt Cedex Tel.: + 33 (0)1 76 84 64 69 – Fax: + 33 (0)1 76 89 08 56 www.renault.com & www.media.renault.com Renault - Direction de la communication / Corporate Communications THE RENAULT LATITUDE: THE WORLD OF BUSINESS CLASS Renault is giving a world premier of its new business class sedan in Moscow. This elegant car combines nicely balanced proportions, with classic design, and spaciousness. This car appeals to people who appreciate superior quality materials and comfort in all its forms. The sedan embodies the best technical advances in terms of reliability and efficiency, and is destined to become the flagship model of Renault's range of cars. The car goes on sale in Russia in Autumn 2010 , and will then be released in another 50 countries around the world. THREE NEW MODELS FOR LOCAL PRODUCTION IN 2011: FLUENCE, MÉGANE AND DUSTER Renault is expanding its range of models produced locally: • Semi knock down (SKD) production of Fluence and Mégane hatchbacks will be launched in the Moscow Renault plant in the first half of 2011. • Complete knock down production (CKD) of Renault Duster will appear in Russia towards the end of 2011. The local production of these models allows Renault to offer competitively priced cars that are manufactured with the specific needs of the Russian market in mind.not only in the Entry segment, but also in C and SUV categories. It is worth noting that the elegant Fluence sedan went on sale on the Russian market in April of this year. Customers appreciated this car for its size, characteristics and position between C and D-segment. The Mégane hatchback has been sold in Russia since May this year, expanding Renault's C-segment offer. Renault Duster is a reliable, safe, comfortable, easy to drive, and affordable 4x4. It is built on the B0 platform (Logan platform) known for its durability and reliability. Economical to run and affordable, this genuine 4x4 is an unrivalled offer in the automobile market and it will definitely be a success in Russia. Russian versions of Duster including interior design, equipment and engines, will be made up specially for Russia according to the tastes and demandes of Russian customers RENAULT FLUENCE Z.E. CONCEPT: FUTURE ELECTRIC CAR FROM RENAULT Renault is presenting Fluence Z.E. Concept, the high-tech, attractive, spacious, electric family car developed with the aim of creating a long-awaited affordable vehicle with zero CO 2 emissions. Fluence Z.E. Concept is a precursor to the Fluence electric car, which will have a range of up to 160 km, and zero CO2 emissions. 2 A BRAND THAT MAKES "PEOPLE'S CARS" Renault is so popular in Russia first and foremost thanks to its star models, Logan and Sandero, which are both prime examples of an unrivalled balance between price and quality. Renault Logan is the best-selling foreign car in Russia. Renault Sandero has already sold in large numbers since its launch in Russia in March 2010, It is largely thanks to these two models that Renault has reached the 4th place in car sales in the Russian market. Both models target the budget (category), which occupies one third of the Russian car market, and more than 80% of Renault sales in Russia. More than 290,000 people have bought a Logan since its release in 2005. More than 9,000 Sanderos have been sold since their release in March 2010. Renault will expand its offering to the Russian market in September 2010, where the proportion of automatic cars represents 32%, with the long-awaited release of the Logan and Sandero automatic models. Renault has released an unprecedented number of new models onto the Russian market this year: - Six new models have debuted in the first 6 months alone: the updated Logan and new Sandero urban hatchback are the company's best offerings in the budget range. The category C range has also been completely updated: the elegant Fluence sedan, the new Megane and the compact Scenic , as well as the Megane Coupe all went on sale at the end of last year. And for fans of "hot hatchbacks", the new Renault Clio Sport has been available since June. - Renault is continuing to update its entire range during the second half of this year, with the immediate release of two new commercial models: the new Kangoo has just gone on sale, and the new Trafic will be available in Russia this fall. Not forgetting of course, the most eagerly awaited of all Renault's new releases, the Latitude business class sedan, which will soon be the flagship model of the company's new vehicle range. Renault has 120 official points of sales throughout Russia. RUSSIA – A KEY MARKET FOR RENAULT Russia is a strategic market for Renault and the Renault-Nissan alliance. Together the Renault- Nissan alliance and AvtoVaz plan to capture 40% of the Russian market by 2015. With three production sites in Russia, the partnership will have an overall production capacity of 1.3 million cars in 2012: the Moscow Renault plant (production capacity 160,000 cars per year), the Nissan plant in St Petersburg (50 000 cars per year) and AvtoVaz' production facility in Togliatti (1,1 million cars per year). The partners are currently implementing a production system for the Alliance in the Togliatti plant and a joint production line for the manufacture of cars based on the B0 (Logan) platform, 3 with a capacity of 350 000 vehicles per year. Each of the three brands will produce models of their car range on this production line. Lada will be the first of the three carmakers to produce its vans and estate cars using the production line. In addition the Renault-Nissan Alliance and AvtoVas united their quality and supplier development teams in March 2010. The joint team is working on making quality improvements to the Russian supplier base. The qualitative and quantitative development of suppliers in Russia, a country where local production is key to success, will be advantageous to all the partners. The goal for all three companies is to have 74% of components manufactured locally for the joint production line. 4 WORLD PREMIER RENAULT LATITUDE: THE WORLD OF BUSINESS CLASS CARS Renault is giving the world premier to its new status oriented sedan in Moscow. This elegant car combines nicely balanced proportions, with classic design, generous exterior dimensions, roominess as well a large boot compartment. This sedan embodies the best technical advances in terms of reliability and efficiency, and is destined to become the flagship model of Renault's range of cars. Renault Latitude is for people who appreciate superior quality materials and comfort in every aspect of a car. The car goes on sale in Russia in Autumn 2010, and will be released in another 50 countries around the world. The large dimensions of Renault Latitude make it a solid car: • Length – 4,887mm; width – 1,832mm; height – 1,483mm; wheelbase – 2,762mm; • Boot capacity 477litres; • This car's elbow room is one of the best in its category – 1,460mm in the front, 1,440mm in the back, the radius of free space around knee level is 251mm. • The 2/3 – 1/3 split folding rear seats are both spacious and comfortable; • There are many storage compartments including the generously proportioned 9.6 litre glove compartment which is illuminated and cooled whilst the compartment next to the main console has a capacity of 2.4 litres. Innovative comfort technologies*: • The driver's seat has a massager with four different settings • The triple-zone automatic climate control system allows the driver and each of the passengers to achieve just the right temperature • This is the only car in its class to have an air quality control management system: it has a dual- mode air ioniser with double fragrance diffuser – a first in the D-segment • A hands free electronic key card that controls the central locking, ignition, and automatically locks the car when located over a certain distance away • Turning bi-xenon headlights • A wide range of audio systems including "3D Sound by Arkamys®", as well as the first class "Bose® Premium" system with digital audio connector. 5 • A new satellite navigation system the Carminat TomTom® (available the beginning of 2011), as well as rear-view camera and automatic parking brake. The pleasure from driving the vehicle and its superior handling on the road is a result of the powerful and efficient power trains and optimum suspension setup: • A dynamic and efficient two-litre petrol M4R engine with a continuous variable transmission (CVT).