Friday, 5 April 2013

Official - Bajaj Auto plans to roll out 5,000 units of RE-60, small car



Bajaj Auto Ltd. has confirmed that the company would be manufacturing 5,000 units of the much awaited small car / quadricycle codenamed RE-60 from its Aurangabad plant.

Company's Managing Director, Mr Rajiv Bajaj said, that we are just waiting for the official confirmation from  government on the classification of this vehicle, which requires a committee from government to sit and discuss, post which we will start the commercial production of RE-60.

The company claims that the vehicle's 216-litre petrol will deliver a mileage of 35 km per litre, with lowest emissions. Mr Bajaj said that the pricing of the new vehicle could only be decided once government regulations are in place.

Explaining the reason for the committee report, Bajaj Auto's President, Commercial Vehicles, R C Maheshwari, said, "The government has given us an in-principle approval to create this new class of four-wheelers or quadricycles". He also pointed out that such vehicles have already been classified in Europe, USA, Canada, Japan and other parts of Asia and suggested that the government follow similar classification and standards.

As of now, no time frame has been offered for committee to sit and finalize upon the same but Mr Bajaj expects it to happen soon. He said that if approval took too much time to come, he would not mind launching the product outside the country and cited SAARC region and Latin America as alternate launch pads.

The car was first showcased at 2012 Auto Expo and was also spotted testing in Pune.

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