French auto-maker Renault's small hatchback Kwid has become an instant hit, garnering over 85,000 bookings in the country, and compelling the company to ramp up production to meet the unprecedented demand.
The staggering sales of Kwid led the waiting period of this entry level model going up to 10 months in certain cities, within few weeks of its launch. However, things seem to be getting back on track now after the increase in production from the original 5,000 units per month. Renault dealers have confirmed to IBTimes India that the waiting period of the Kwid has dropped in the country after the company increased production of the model.
Dealers of Renault in top cities informed this reporter that the waiting period of the Kwid has seen a decline to up to six months from the previous 10 months. While in city like Bengaluru the waiting period is six months, in Delhi the Kwid has a waiting period of up to four months. In Chennai, Renault Kwid enjoys a waiting period of up to five months depending on the variant. Dealers in Mumbai informed us the waiting period now stands at six months.
Offered in four variants — Standard, RxE, RxL and RxT — under the hood, Kwid gets 799cc three-cylinder petrol motor, which is tuned to churn out 53bhp and a peak torque of 72Nm with a five-speed manual gearbox. The Kwid, the first car to be built on the CMF-A platform, offers the best-in-class mileage at 25.17kmpl. The company has recently hiked the prices of the Kwid in the country by up to Rs 11,000.
Now, the top-end variant, the Kwid RXT Driver Airbag (O), has been priced at Rs 3,64,130 with the hike of Rs 10,999, while the entry-level standard model costs Rs 2,59,968, with a hike of Rs 3,000.
Renault Kwid price (ex-showroom, Delhi):
|RXE Radio(O)||Rs 303460|
|RXT Driver Airbag (O)||Rs 364130|