Renault-Nissan-Bajaj car prototype to be ready by 2011

After a lot of hype, the low cost car project from the trio Renault-Nissan-Bajaj which faced many  hurdles will see its prototype being tested by end of this year or early 2011. So can we say the car
will be launched by 2012 at a price of US$ 2500? Not exactly at this stage.

Bajaj had earlier said that the car would be the most fuel efficient car in India. Renault India Country General Manager Marc Nassif said, “all details related to the ultra low-cost car and its prototype will be ready by the end of this year or early next year.”

The car will be a direct competitor to Tata’s Nano.