[THE INVESTOR] Renault Samsung Motors on Oct. 15 launched the Master van in Korea as part of its effort to diversify its lineup.

The Renault Master comes with a three-year power train and auto components‘ warranty for 100,000 kilometers, the company said in a statement. 

The Master S version is priced at 29 million won (US$26,000) and the Master L version carries a price tag of 31 million won, the statement said.

The van is equipped with safety features such as a lane departure warning and hill start assist system, and its fuel efficiency ranges from 10.5 km per liter to 10.8 km/l for the different models, it said.

Its current lineup includes the SM3 compact, the all-electric SM3 Z.E. sedan, the QM3 small SUV and the SM5, SM6 and SM7 sedans.

By Song Seung-hyun and newswires (ssh@heraldcorp.com)