Renault confirms Kwid to be produced in Brazil

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Production Statistics & Forecasts

New car is forecast to account for about 29% of Renault's production at the Sao Jose dos Pinhais #1 plant.

Renault has confirmed the Kwid is to be produced at its Brazilian facility, adopted from the global product by Renault Technology America and Renault Design Latin America (RDLA), according to a company statement released on 13 May 2016. RDLA is based in São Paulo, Brazil, and worked on the model's interior and exterior design.
 

Significance: IHS Automotive forecasts production of the Kwid will approach 52,000 units per annum (upa) by 2018, starting in 2016. The new car is forecast to account for about 29% of Renault's production at the São José dos Pinhais #1 plant. The facility also builds the Duster and Duster Oroch, Kaptur, Logan, Sandero, and Master. While production will be low in 2016, on a weak Brazilian market, Renault is expected to see year-on-year production increases beginning in 2017. In 2019, the Brazilian facility is forecast to produce about 184,000 units, 52,500 of which will be the Kwids. The primary production site for the Kwid is India, where production is forecast to increase from 95,000 units in 2016 to 144,000 units in 2019. The Kwid uses Renault's global CMF-A (Common Modules Family) platform, which follows the CMF-C/D. Global production of vehicles on the programme is forecast to reach about 319,000 units in 2019, climbing to more than 450,000 upa in 2022, as Renault is planning other products on the same platform. The Kwid and the related Datson Redi-Go were the first models built on this platform, both for the Indian market, and arrived in 2015. Renault will use the Brazilian plant to supply other markets in the region and IHS forecasts that about 46% of the facility's production will stay in Brazil. About 36% of the plant's production is forecast to be exported to Argentina, with the remaining 18% of production supplying Uruguay and other regional markets. The vehicle has seen strong sales in India. By 2019, IHS forecasts that the Kwid will account for about 9.8% of A-segment car sales in Brazil, with sales of about 19,500 units of a 199,000-unit segment. However, the A-segment car is under some pressure in Brazil, and IHS forecasts that its share of Brazil's market will fall from 12.8% in 2016 to about 10.2% in 2019.

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