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Industry: Email Alert RSS FeedThe [euro]5,000 car: a slogan, but not a Logan; Production costs are too high for Renault at Moscow plant.(News)(Regie Nationale des Usines Renault)
Automotive News Europe, April, 2005 by Saint-Seine, Sylviane de
Byline: Sylviane de Saint-Seine
Renault likes press references to the Logan as the "[euro]5,000 car." But even the man who came up with the idea for the Logan admits its unlikely the inexpensive family car will sell for such a low price in any market.
"Will the Logan entry-level version sell for [euro]5,000? I am not sure," said Renault Chairman Louis Schweitzer during the inauguration of Renault's Avtoframos plant here.
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The original [euro]5,000 price tag referred to a planned Logan entry-level version in Romania, the car's birthplace. Renault ...
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