Saturday, November 3, 2007

French and Japanese automakers Renault and Nissan and the Bajaj Auto announced an exclusive collaboration for making and selling an ultra low cost car

Price around $2500 (Rs 98,587 approx)

"If Tatas can do it, there is no reason Bajaj cannot with the help of Renault and Nissan," said Carlos Ghosn, CEO of both Renault and Nissan. Ghosn was on a visit to the Bajaj Auto's two-wheeler manufacturing facility at Chakan, near Pune.
:City may have its Rs 1 lakh car too: The Times of India, Pune

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