Tuesday, May 04, 2010

Bajaj along with Nissan- Renault will Roll Out Rs 1.10 lakh Car

It seems that Tata Nano is finally going to have a tough competitor in the low-priced car market. Nano, which is dubbed as world’s cheapest car, has attracted India’s middle class families and a number of people are now dreaming to own a car. Naturally, the compact car created huge interest among the general people. Tata is also planning to export it in other foreign markets in order to cash in more money.

Now, Bajaj along with Nissan- Renault is planning to roll out an ultra low cost (ULC) passenger car for Rs. 1.10 lakh. Nothing has been announced regarding the car officially, but official announcement is expected very soon. Bajaj and Nissan- Renault would make a deal for this project and the car may hit the market in 2012.

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