Bajaj Auto and French automaker Renault on Tuesday (November 10), announced their plans to launch an ultra-low cost car in India in 2012. The car is expected to take on the Tata Nano.
INDIAN TWO-WHEELER major Bajaj Auto and French automaker Renault on Tuesday (November 10), announced their plans to launch an ultra-low cost car in India in 2012. The car is expected to take on the Tata Nano, the cheapest car being produced and marketed by Tata Motors in the country.
Renault chairman and CEO, Carlos Ghosn said that the design, engineering, sourcing and manufacturing of the car will handled by Bajaj, while marketing and sales will be done by Renault-Nissan alliance.
Speaking at the India Economic Summit, Ghosn said that the brand under which the car will be sold will be decided later on. The tie-up between Bajaj and Renault to produce a low cost car was annunced in 2008. The alliance is planning to sell the car at about Rs 1 lakh.
The project was, however, delayed after differences emerged over issues like price, brand and styling of the car. Both the companies are now confident that the work on the project will start soon and the car would burn the rubber on Indian roads in 2012.
Subscribe to:
Post Comments (Atom)
New @ This Blog....
Variants, Specification, Features, Colors, Comparison and some more FAQ about Nano Click Here to Know More
Bank loans for Tata Nano will come cheaper... Click here for Details
Book Tata Nano in your own city Click here to Know How..
To know the Ex- showroom Price of Tata Nano City Wise All Over India Click here
- TATA NANO "The Peoples Car"
- Whast makes Nano Cheap..?
- The Alluring Beauty of Nano
- Nano Fast Facts
- FAQ'S
- Compare Standard & Deluxe Model
- Transport has Become a Big Issue
- TATA NANO Commercially Launch on March 3rd
- The NANO Bookings Starts
- List of Countries where TATA Nano will be Available
- List Of Banks which Provide Loans for Nano
- State & District wise List of TATA Nano Available
No comments:
Post a Comment