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    Nissan And Bajaj Will Continue To Build Low Cost Car For Indian Market

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    Bajaj Renault Nissan Ultra Low CostNissan will not drop off its plans on developing a small car with Bajaj. Ghosn reported that the car is still being developed and it is a very important car for the Indian market.

    “Our competitor Tata has already developed such a car, but we continue with our partners for developing this kind of product.”

    “The $2,500 car is very important for the Indian market. The price may end up being $2,500 or $2,800 or $3,000 but we are not stuck up on the price,” said Carlos Ghosn, chairman & CEO, Renault-France and president & CEO, Nissan-Japan on the sidelines of the India Economic Summit 2009.

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