French car maker Renault prepares for the launch of a low cost car, with a price three times lower than Dacia Logan's, according to a recent article by La Tribune, quoting sources within Renault. The new low-cost car would have a price tag of EUR 2,500 and will sell on emerging markets.

The new, simple car, of small size, would become a competitor of Tata Motor's Nano model.

Gérard Detourbet of Renault previously told la Tribune he was working on a car cheaper than Logan and Sandero, which would allow the car maker entry on the popular cars market in Brazil. Read the full article in La Tribune here.
Renault owns the Dacia car maker in Romania and produces several models, including Dacia Logan and Sandero.

editor@romania-insider.com

(photo source: Renault)