The Mercury E-dition

Renault moves to the Motus stable

PRITESH RUTHUN pritesh.ruthun@inl.co.za

RENAULT South Africa has confirmed that the French company is no longer a subsidiary of the business’s headquarters in France, but rather an importer that falls under the Motus banner.

Renault South Africa managing director Jaco Oosthuizen said the move to become an importer fell in line with the brand’s global moves, where it would identify large motor groups in particular regions across the world and enable them to become custodians of the brand in those regions.

Oosthuizen said Renault had been operating in South Africa in its latest guise for the past 26 years and counting, and had a fascinating history within the country. With the current developments it was destined to better position and further elevate the brand.

“The shareholding structure of Renault South Africa (Pty) Ltd has changed several times over the years, with the latest development being a 100% shareholding shift.

The Competition Commission approved the proposed 40% sale of Global RSAS shares in Renault South Africa (Pty) Ltd to Motus Corporation (Pty) Ltd (Motus) last month.

This shareholding movement is completely aligned with the overarching strategic vision ‘Renaulution’ to ensure the drive to value is a priority for the brand within South Africa with a continued focus to grow the brand in a responsible manner in order to remain a strong contender within the South African market,” he said.

The Renault logo has been changed for 2021 and beyond. The previous logo was designed in 1992 and modernised in 2013. It was slightly complex and rigid, posing some legibility issues related to print sizes. This new logo coincides with the ‘Renaulution’ that Oosthuizen alludes to, and is integrated as part of the new Renault 5 prototype’s front grill.

Renault South Africa confirmed that the new Kiger compact crossover would arrive in the third quarter of the year. The company says it’s the ideal vehicle for South Africans looking for more space without having to fork out a ludicrous amount of money.

The Kiger will replace the Sandero in the local line-up when it arrives.

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2021-05-14T07:00:00.0000000Z

2021-05-14T07:00:00.0000000Z

https://themercury.pressreader.com/article/281818581716905

African News Agency