Bajaj’s Ultra Cheap Car Delayed

Bajaj Renault Nissan had earlier announced to launch an ultra-cheap car in India by 2011. However, the project seems to be delayed now and the car is expected to miss its scheduled deadline as announced earlier.

According to the news, Ravi Bajaj, Managing Director, Bajaj Auto has ordered that all work done for the project is to be scrapped. He has also asked major modifications in the car’s design and other aspects. This means that the technical team will now be developing the car again from the scratch.

However, there is no official confirmation from Bajaj on these rumors doing rounds in the market. A Renault India official said the project would be delayed by at least five to six months. There are reports also that the partner companies also have difference of opinion on the vision for the car. While Renault Nissan wants the car to have a competitive price against Nano, Bajaj MD wants the car to be better value for money.

• Bajaj Auto registers a rise in exports and increase in revenue           January 21, 2012
• Profits of Hero MotoCorp and Bajaj increase in Oct-Dec 2011           January 20, 2012
• Bajaj Auto introduced RE60 – The perfect replacement for the auto-rickshaw           January 18, 2012
• Small cars dominate the Indian automobile market           January 14, 2012
• Auto Expo 2012: Images of Bajaj RE60, Bajaj RE60-A Pseudo Car           January 07, 2012
• Bajaj presents RE60, the pseudo-car           January 04, 2012
• Bajaj RE60 Vs Tata Nano Vs Maruti 800           January 04, 2012
• Bajaj launches its highly anticipated 4-wheeler Bajaj RE60           January 03, 2012
• Auto Expo 2012: Bajaj Auto to introduce first KTM bike in India           January 02, 2012
• RE60, the Ultra Low Cost passenger car by Bajaj           January 02, 2012
• Exclusive rendering of Bajaj Pulsar unveiled           January 02, 2012
• Auto Expo 2012: Bajaj's small car to be unveiled at the Delhi Auto Expo 2012           December 31, 2011
• Auto Expo 2012: Bajaj's small car to be unveiled at the Delhi Auto Expo 2012           December 31, 2011
• Bajaj to unveil small car model on January 3rd           December 24, 2011
• KTM set to arrive in India at the Auto Expo           December 16, 2011