French auto major Renault has launched the automated manual transmission (AMT) version of its popular small hatch Kwid at an introductory price of Rs 4.25 lakh (ex-showroom Delhi).
The AMT version of Kwid is priced at Rs 30,000 more than the Kwid 1-litre manual transmission version.
More than one lakh units of Kwid have been sold since its launch about a year ago.
"Looking at evolving customer preferences, AMT technology is becoming popular in the compact hatchback segment and we are happy to build on our portfolio by launching the Kwid AMT," Renault India Operations Country CEO and Managing Director Sumit Sawhney said in a statement.
Bullish on the Indian market, Sawhney said, "Our roadmap for India is very clear, with an immediate goal of achieving a market share of over 5 per cent. We will continue with our product offensive strategy in India, as is reinforced by the Kwid AMT launch, to substantially grow the Renault brand in India."
(With PTI inputs)