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Another micro car

The Hindu : y>Bajaj plans to launch a low-cost car in 2011

Bajaj Auto has recently confirmed that the development work on its low-cost car is on track. The new model, which is expected to compete with the Tata Nano, is expected to be launched in 2011, despite partner Renault’s recent go-slow policy on its India plans.

According to Rajiv Bajaj, managing director, the company is committed to the project, but he also admitted that Bajaj Auto is yet to iron out certain “branding issues” with partners Renault and Nissan. He added that while the new car may be more expensive than the Nano, it will offer good fuel efficiency and running cost.

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