India-made Renault Kwid confirmed for launch in Zambia - Report

Projected sales is 60-70 units in 2016.

The Renault Kwid has been confirmed for a launch in the southern African county of Zambia by The Post of Zambia. F-One Hazida, the distributor of Renault cars in Zambia, is reported to have planned the Kwid's launch in January.

F-One Hazida says that the Renault Kwid will challenge the used car industry in the country as it will be one of the most affordable cars there. The price of the Kwid in Zambia is revealed to start from USD 15,900 (INR 10.53 lakhs) inclusive of all taxes and VAT.

Shabbir Mulla, Sales and Marketing Director of F-One Hazida, stated that the company was targeting first-time buyers seeking a quality and reliable purchase. He added that the preliminary sales projection is 60 units in 2016. He said “We hope to have our first batch of units available for purchase during January 2016. We have been taking orders for the Kwid and have had a few pre-orders already. We are confident we should be able to project sales of up to 60 to 70 units for 2016.”

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Renault India is chalking out plans to export the Renault Kwid in CKD, SKD and CBU forms to countries in Africa and Latin America, its CEO told IAB in an interaction recently.

[Source: The Post]