TC Euro upbeat on new Renault

SHAH ALAM: TC Euro Cars Sdn Bhd, the local distributor of Renault cars, hopes to sell 1,000 units of the newly launched Fluence sedan every year, as the unit of Tan Chong Motor Holdings Bhd aims to capture 1.5% of the domestic passenger car market by 2016.

The two-litre sedan, which is priced at RM115,000 on-the-road without insurance, is assembled at the Tan Chong Motor Assemblies plant in Segambut, Kuala Lumpur.