PARIS — A sports car for the recession?
Renault and Caterham Group on Monday unveiled plans to revive the French automaker’s Alpine sports car — and sell it at a reasonable price. Caterham’s chief executive, Tony Fernandez, promised to do for sports cars what he has done for air travel with his low-cost airline, AirAsia.
Renault’s CEO, Carlos Ghosn, said they would modernize the Alpine while retaining the ‘‘DNA’’ of the venerated brand, which captured rally titles in the 1970s but has since been discontinued.
Neither man gave details on the car’s design or price, saying they did not want to constrain engineers. The car will be manufactured in Northern France.
It won’t hit the market for three or four years.