Renault-Nissan and Bajaj prepare a 2.500 dollar car

Posted: Friday 16 May 2008 by Alison

Bajaj

2,500 dollars, or 1,620 euro, will be the cost of the first real challenge from Renault and Nissan, who have demonstrated their willingness to create a low cost car for developing countries, and backed up by the experience of Dacia Logan.

The model, expected in 2011 with a production of about 400,000 units, will be offered under a new brand emerging from the Renault-Nissan 50-50 joint venture, and the collaboration of Bajaj. To reduce costs the project, dubbed ULC, will be manufactured in the Indian base at Chakan.

Via | World Car Fans

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