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Confirmed: Nissan/Renault developing low-cost Nano-killer with Bajaj



 

It was this Nissan/Renault was monumental something like fielding a inexpensive competitor to the and the automaker earned it official today by announcing a rules to forward an equally low&wshyp;priced car labeled the ULC in conjunction among Indian automaker Bajaj Auto. The two corporations are forming a joint-venture to construct the ULC, that ought to be constructed at an all-new facility in Chakan, India at an earliest number of 400,000 residences per year. The Tata Nano has no seek for stress merely yet, as the ULC is not scheduled to go on sale until the first part of 2011 in India and consequently a good deal then in export countries. We’re doubtful too the U.S. is with individuals export considerations, but aspects of Europe would potential see the ULC not for a while now once the Nano arrives in the market. 
 [Source: Nissan/Renault]

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