Bajaj silently unveiled its 'Lite' concept car in New Delhi, two days before the much hyped launch of Tata Motors' Rs 1 lakh car.
Bajaj Auto, the country's second biggest two-wheeler maker, said it plans to bring out its small car in collaboration with Renault and Nissan within four years but it will not be for Rs 1 lakh (Rs 100,000).
"I know Carlos Ghosn (President and CEO of Renault and Nissan) has set a target of 2010 for Bajaj-Renault car. While it is hard to put any time-frame, we can say in two-four years we can expect to have the product ready," Bajaj Auto managing director Rajiv Bajaj told reporters in New Delhi.
Bajaj declined to give a specific price of the small car. Ghosn has earlier stated that Renault was looking for a $3,000 car in India, a move triggered by Tata Motors' Rs 1 lakh car that will be unveiled later this week.
5 comments:
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Depending on the price, Renault Yeni will give nano serious headaches now.
I made a site dedicated to Tata Nano - if you own one, we can have a chat over there :)
Hope you didn't mind I linked it from here.
nice car,
may take over tata nano.. good fuel efficiency..!!
- max
Nice car! This my favorite car in low budget.
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