Strong demand for low-cost cars in developing countries helped France’s 
Renault return to sales growth in 2007, the Financial Times reports.
Renault’s no-frills Logan car, which retails for the equivalent of $8,566 to $11,225, was the company’s most popular model. Renault sold more than 360,000 Logans; about 15% of all vehicles sold by the Renault group are Logans.
In Latin America, Asia and Russia, the Logan is sold under the Renault brand. In Europe and North Africa, the Logan is sold under the Dacia brand, the name of Romania’s former national car producer in the Soviet era, which Renault bought in 1999.
Tags: Renault

