Renault India’s premium SUV Koleos, will cost more from 1st January 2012. The revised pricing for the Koleos will be Rs 23.99 lakh, ex-showroom Delhi (up from the previous Rs 22.99 lakh). Renault say the price increase is necessitated because of the increasing cost of raw materials and fluctuations in the currency market. One of the primary reasons being the huge devaluation of the Indian rupee against major currencies.
The Koleos is a CBU (completely build unit) and attracts heavy duties. Launched in September this year, the Koleos is powered by a 2.0-liter diesel engine producing 150PS of power and 320NM of torque. It has a 6-speed auto transmission. Based on the Nissan X-trail platform, the Koleos has 4-wheel drive (with 3 modes), 6 airbags, ABS, EBD and cruise control as standard. The Koleos with its host of safety features boasts of a 5-star Euro NCAP rating.
“This has been necessitated by the increase in the cost of raw materials and fluctuations in the currency market. Until now we have been absorbing the increases, but we now have to reflect an element of these costs in our pricing. The flagship Renault Koleos with it’s outstanding levels of refinement and luxury remains excellent value for money. It has been very well received in the Indian market has already established a strong position in the Premium SUV segment in India,” Marc Nassif, MD, Renault India, said.