French auto major Renault today forayed into pre-owned car business in India by opening its first outlet in Bengaluru.
‘Renault Selection’ would provide customers a transparent and reliable platform for buying, selling and exchanging certified pre-owned cars of all brands with optimum deals on finance, insurance, warranty and road side assistance (RSA). Renault will also cater to the customers who are willing to sell multi-brand used cars in exchange for a brand new Renault car. “Renault is pursuing an aggressive growth strategy in India and we are entering new businesses in the automotive space to best serve the Indian customer,” Renault India Country CEO and Managing Director Sumit Sawhney said in a statement. The pre-owned car market in India has steadily gained momentum over the past decade, spurred by new model launches, quicker upgradation cycles by customers and rising income levels, he added.