Renault Bajaj New Small Car coming Up

Renault Bajaj alliance has already started their operations in Chakan, near Pune in Maharashtra. It plans to bring its Nano competitor soon to the Indian markets. However, the wait is still a little long. Renault-Bajaj aims to bring its small car by the end of 2011.

Last year the Nissan-Renault combine were contemplating about bringing an ultra-cheap car to Indian market. Now it has put its plans into action. It has lined up its expertise to build a small car under $3000. Renault shall lend its technical expertise to the development of the new model.

Renault already has a joint venture with Mahindra and Mahindra in India. It has successful model Logan in the mid-size sedan segment. However, Renault’ JV with Bajaj shall be totally different from M&M as Mahindra aims to become a global player in the SUV segment. Thus, it is not interested in small car project as of now.

Head of Renault, Carlos Ghosn, warns that it would be journey uphill in the coming months in India owing to “unfavorable economical conditions”. “We're sticking to our objectives of a 4.5 percent operating margin for 2008... and we are maintaining our volume growth projection of more than 10 percent," Ghosn told a Renault shareholder general assembly. "The first months of the year have not been easy. Everything suggests that the next few months will not be either, given an economic and financial environment that is both unfavorable and volatile," he added.

• Renault India to start working on sub Rs. 4 lakh car           February 03, 2012
• New Renault Alpine concept likely to be showcased at Paris Motor Show           January 28, 2012
• Three Renault models to hit Indian roads in 2012           January 18, 2012
• Auto Expo 2012: Renault revealed the price of its new model, Pulse           January 14, 2012
• Renault gears-up to boost India operations, plans to launch 3 car models this year           January 13, 2012
• Renault launches the PULSE and amazes the Audiences with its DUSTER           January 10, 2012
• Auto Expo 2012: Images of Pulse and Duster grab attention of onlookers at the Renault Pavilion at 2012 Auto Expo           January 07, 2012
• Auto Expo 2012: Renault plans aggressive expansion of portfolio in India           January 07, 2012
• Auto Expo 2012: Images of Renault Duster, Renault’s compact SUV.           January 06, 2012
• Auto Expo 2012: Renault reveals its plans for the upcoming Delhi International Auto Expo 2012           December 29, 2011
• Renault Pulse to raise bars for Nissan Renault alliance           December 24, 2011
• Renault India to focus on diesel-run cars to take on competition           December 19, 2011
• Renault Koleos to cost more in India           December 16, 2011
• Renault Koleos recalled in China sue to faulty steering           December 09, 2011
• Renault plans small car in India; may set up plant in Gujarat           December 07, 2011