Renault scraps plans for next generation of large cars

Click above for a gallery of the 2009 Renault Laguna Coupe

It's no secret that current trends are leading the way to smaller, more fuel efficient vehicles. Still, most automakers believe that there is a place for large, luxurious sedans (saloons for those in the U.K.). Soon, though, that may no longer be the case. In Europe at least, the days of full-size vehicles, including standard sedans as well as coupes and MPVs, may be coming to an end as Renault, which partners with Nissan to form the world's fourth largest automaker, has reportedly scrapped plans for the next generation of its large Laguna sedan, Vel Satis hatchback and Espace minivan.

According to Renault and Nissan chief Carlos Ghosn, "We will have to adapt to new market conditions, re-think individual mobility and adapt to the new trends. But we also think [in the medium to long term] that the oil price will remain high and there will be increased environmental concerns." Instead of continuing to develop new large cars, Renault may simply rebadge vehicles like the Samsung SM5 that's based on Nissan's FF-L platform to sell in small numbers to the few buyers that are still looking to go big.

View 6 Photos

[Source: Autocar]

More Information