Renault to go slowly in premium market - report

Newswire

FRANKFURT, Feb 24 (Reuters) - French carmaker Renault has no plan to launch a successor model to the luxury Vel Satis, a senior executive said in an advance copy of an interview with German magazine Auto Motor und Sport. "Not at the moment. We will launch models in harmony with the targeted clients," vice president Patrick Pelata was quoted in the German language report, which is due to be published on Feb. 28. "You can only re-enter the premium market in small steps. We will first have ...

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