Renault’s new Kiger compact crossover is still on track to go on sale here in September to replace the Sandero, while the French brand will also introduce facelifted Triber, Koleos and Duster ranges in 2021. The seven-seater Triber, which was launched in early 2020 with a normally-aspirated 1.0In future, Renault SA plans to launch the new Arkana compact SUV-coupé while the Megane will be phased out due to dwindling demand for C-segment hatchbacks.
Recently revealed by the new CEO of Groupe Renault, Luca de Meo, the strategy will see a focus on brand-building and profitability across the board, through a brand shift from driving volumes to creating brand value. There will be greater emphasis on building the individual brands within the Renault Group, as well as strengthening the various facets of the business by addressing inefficiencies.
De Meo, who took over as Renault CEO in July 2020, said generating cash and restoring profitability was an immediate priority. Renault last year announced plans to cut about 15,000 jobs, shrink production and restructure French plants in a bid to save €2bn.