The cheapest will cost only a third as much as the Dacia Logan, a small family car manufactured by Renault and its Romanian subsidiary Dacia.
The project will be overseen by Gerard Detourbet, head of Renault's entry-level car division, La Tribune reported, citing internal sources.
Renault confirmed to AFP that Detourbet would join a Renault-Nissan small-car team at the start of 2012.But the car maker did not comment on whether a 2500-euro car would be the team's focus.
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