Nissan India says low-cost vehicle plan with Bajaj, ON TRACK

CLICK HERE TO WATCH THE DETAILS OF BAJAJ RE60 LAUNCH

Nissan on Tuesday scotched rumours that its alliance with Bajaj Auto for developing an ultra low-cost vehicle was on a shaky ground, saying it is still in talks with the Indian auto major for the project.

"We have been holding discussions...the next round of the announcement will be a joint announcement," Nissan Motor Company Vice-President Corporate (India, Africa & Middle East) Giles Normand told reporters during the launch of the Japanese auto major's mid-sized sedan `Sunny' here.

"We, at Nissan, are committed to offer a good product to any segment...so we are now studying the project of launching a small car.. but it is too premature to say when we will launch the car," Kiminobu said.  The Renault-Nissan alliance signed a memorandum of understanding (MOU) in 2008 with Bajaj Auto to develop an ultra low-cost vehicle for India and other emerging markets, and had planned to launch it in 2012. 

Posted in: bajaj,India,low cost car,new car,News,nissan,track,ULCC