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Bajaj Auto India limited and Renault have informally agreed upon the development of a small Ultra Low Cost four wheeler (small car). Bajaj was supposed to work as an OEM and supply the ULC cars to Renault who will market and maintain the sales and service network in India. Amid the long development time...
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Bajaj is almost ready with the Ultra Low Cost or ULC car prototypes and will be able to showcase them by the end of year 2011 to Renault. Bajaj MD, Mr. Rajiv Bajaj quoted We are dead serious about the car project. Some time later this year, in fact in a matter of months,...
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Nissan and Renault will market the Ultra Low Cost or ULC car which will be manufactured by Bajaj and Bajaj will act as an OEM supplier for the small car to complete with Tata Nano in India. The car is already on a delayed track because of some disagreements which existed earlier among the...
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Bajaj is a major two-wheeler manufacturer of India and has a lineup of technologically advanced and fuel efficient engines like DTSI engines used in the bikes. Bajaj has recently announced that it will keep the price of their upcoming car around Rs. 1.1 Lakh. This car is being developed by a joint venture between...
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After Tata making the history with the cheapest car Tata Nano, the title may soon go to another entrant in this category. Nissan-Renault-Bajaj Alliance has expressed its agreement to keep the price of their ULC (ultra-low cost) car close to Rs. 1.1 Lakh to give a strong competition to the only contender in this...
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