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Renault Decided to Abandon Twingo
While Renault 5 is making an electrifying comeback after 25 years, the company has decided to drop the Twingo from its line-up. It indeed is a piece of sad news since Americans do like this compact car. The proof is its sales; despite a challenging economic year, Renault managed to ship off about 43,000 units last year.
The news came from the company's head honcho Luca de Meo, who told media that they plan to ditch the A-segment. According to Luca, compact cars featuring combustion units will vanish from the market soon owing to stringent European criteria. It is becoming hard for small cars to earn good revenue for the manufacturers because of limitations, particularly the burden of extra taxes levied on non-electric vehicles.
Furthermore, with Daimler seizing its association with Renault to manufacture the Twingo and Smart Forfour in Slovenia, creation of the next-generation Twingo will not be feasible for the French marque.
Worth mentioning, Daimler has plans to partner with Geely to produce vehicles under Smart marque. It will be a 50:50 partnership, and the first vehicle they spawn would be a Crossover boasting Geely’s Sustainable Experience Architecture.
With no Twingo in sight, the French automaker could concentrate on building hype and promoting the Renault 5, which lies in the same segment as the Twingo.
On the other hand, the Twingo can revive sometime later, maybe as a fully electric car.
We are sure you got it right. The Renault 5 did the same. However, to return from the dead, the nameplate would need a strong partner that could cut the company’s cost on production.
Source: Motor1
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