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बुधवार, मई 05, 2010

Bajaj car to be world's cheapest Car, Bajaj Smallest Car Priced Rs 1.1 Lacs

Bajaj Auto has produced a new car for the world’s cheapest car in the car market.Bajaj price is 1.1 lakh. Bajaj Auto has partnered with Renault-Nissan alliance. Bajaj Auto had entered into a partnership with Renault and Nissan to develop an ultra low cost car in 2008 but the Project was delayed due to differences between the partners to design and price.

Renault announced the Bajaj car just after pulling out of its venture with Mahindra & Mahindra in India. The Tata Nano which was launched a year back with much hype got a lot of media hype but the sales have not exactly been record breaking. 

The price of the Tata Nano starts from 123000 INR and goes up to INR 172000.

The Bajaj car will offer better mileage compared to the other compact cars in India and it will have a low maintenance cost. The car will hit the streets of India in 2012. The car will be a tad smaller compared to Maruti Suzuki alto which rules the Indian small car segment.

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