The French based automaker Renault will produce four new models over the following years in order to battle with the PSA.
After Renault has announced last year that the company will move up market with all of its models in order to compete with Volkswagen, the French based automaker is apparently keeping its word but competition has changed for the moment and Renault is planning to compete with PSA by developing four new premium models which should hit the market in the following years. The car manufacturer is keeping this subject away from “curious eyes” for the moment but according to cnetfrance.fr, the carmaker will adopt a completely new strategy.
The French industrial minister, Arnaud Montebourg, who was named in this position in March, has recently told the source mentioned above that the local industry is undergoing a transformation and since PSA Peugeot Citroen has invested in premium models, Renault wants to do this also. Montebourg has also said that officials within Renault are planning to announce four new premium models over the following years which will be placed in the upper segment. Rumors are saying that a sedan based on the Mercedes-Benz E-Class, along with a replacement for the iconic Alpine, will be two of the models. The other two are being kept away for the moment.