Bajaj Renault-Nissan Small car project to be finalized soon.

http://i234.photobucket.com/albums/e...bajaj-logo.jpg

http://i234.photobucket.com/albums/e...ult-2-logo.jpg

http://i234.photobucket.com/albums/e...issan-logo.jpg
Two-wheeler major Bajaj Auto, which plans to develop a low-cost small car in partnership with Renault-Nissan, is expected to announce the final details of the project in a "few weeks".

The small car project, which has been widely seen as an effort to rival Tata's Rs one lakh Nano, was earlier pursued by only Bajaj Auto Ltd (BAL) and Renault and later joined by Nissan, in which the French firm has 44.4 per cent stake.

Last year, BAL and Renault had announced that they were in preliminary deliberations for exploring the small car project together. Since then, Nissan has also been roped in as a partner in the development programme.

BAL had recently showcased its concept small car at the Auto Expo held in the capital.

After Tata's Nano was showcased, Renault Chief Executive Officer Carlos Ghosn scaled down the targeted price of the alliance's small car, hinting that the expected cost would be around 2,550 dollars from the earlier stated 3,000 dollars.

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Below is the picture of Bajaj's Concept small car showcased this year in Auto Expo- 2008
http://i234.photobucket.com/albums/e...howed-in-j.jpg

does Bajaj Renault-Nissan Small car project to middle class genration will succeed like tata nano?

Well, Tata Nano is not yet a success and it will not receive much chaos as TATA nano did because TATA is the one who did it first and not to forget that there are many other who are also coming up with such projects so it is going to be common.

Ya, one thing is sure, it will definitely help middle class to get better product at cheapest possible prices.