It was the Tata's nano some days ago and now it is the Ultra Low Cost (ULC),a $2500 wholesale starting price car manufactured by a Joint venture between Bajaj,Nissan and Renault.This is will Bajaj's first passenger vehicle and interestingly attempting to build a rivalry against the Nano.
Targeting the growing Indian new vehicle market, the ULC will be made at an all-new plant to be constructed in Chakan (Maharashtra state) in India. Initial planned capacity will be 400,000 units per year. Sales will start in early 2011 in India, as a primary market, with growth potential in other emerging markets around the world.
The Joint venture will aim to produce and market small cars - but priced higher than Tata Nano.So we can get ready to see all new small cars specially made for intra city rides in to our cities in the future...
No comments:
Post a Comment