playstation Posted May 5, 2010 Report Share Posted May 5, 2010 Bajaj car to be world's cheapestBajaj's ultra-low cost car being manufactured jointly with Renault and Nissan promises to give hot chase to the Tata Nano. On Monday, Rajiv Bajaj (BAJAJAUTO.NS), MD, Bajaj Auto confirmed the $2,500 (Rs 1.1 lakh) price tag for the car, announced first by Renault chairman & CEO Carlos Ghosn at the company's shareholders' meet late last week. The Renault announcement comes a few days after it pulled out of its loss-making Logan venture with Mahindra & Mahindra. The Bajaj car will be cheaper than the Nano, which comes at Rs 1.23 lakh-1.72 lakh (ex-showroom Delhi ). After the launch of Tata Nano, the race for the No.2 position in the ultra-low cost car segment is under way in India , which as emerged as the Mecca of this segment. However, other automakers' plans to enter this segment are still on the drawing board. At Renault meeting, Ghosn said: "In India , Renault and Nissan are developing an ultra-low-cost vehicle with the Bajaj group, benefiting from its expertise in light vehicles and knowledge of the Indian market." He reiterated the affordability of the vehicle for the Indian market by citing the targeted low price tag. "We are combining our strengths with Nissan, notably in India , Russia , Brazil and Mexico ," Ghosn said. "The alliance product strategy has been finalised in India and Russia , and Renault and Nissan will pool their production capacities and platforms there to fully deliver on these developments," he added. The car was initially scheduled to hit the market this year, but has been postponed to 2012. Bajaj Auto displayed the prototype of the small car at the 2008 Auto Expo. However, the three partners were stuck at various levels of branding and engineering the car till last year. According to industry observers, the project also got delayed as partners were stuck on pricing issues as well. While Renault wanted a low-cost car, Bajaj was keen on a car that would sport high mileage and low maintenance. It was during his India visit that Ghosn finally announced the finalisation of the project. "As per the agreement, the design, engineering, sourcing and manufacturing will be handled by Bajaj Auto, while marketing and selling will be (done) by Renault-Nissan Alliance," he said. But he had declined to comment on the pricing of the car. Officials from the alliance have said the car will be smaller than Maruti Suzuki's Alto, which is the biggest selling model in India . In March, Collin Dodge, executive vice-president, Nissan Motor had said: "It is over two years that Bajaj is trying to produce the car. The physics of it is very difficult. We have not yet found a solution as there are a lot of engineering solutions required." Nissan is also in talks with Hinduja group company Ashok Leyland (ASHOKLEY.NS) to develop a small car for the global market that could be priced around $4,500-5,000. "We have a formal agreement with Ashok Leyland for making light commercial vehicles in India . In addition, we also use Ashok Leyland's engineering services for various purposes. At the moment, we are talking to them and many other partners in China , Indonesia ...for a price centric vehicle," Nissan Motor Co executive vice-president Collin Dodge had said at the Geneva Motor Show in March. source Good for people who wants a car and cannot afford a decent one. Quote Link to comment Share on other sites More sharing options...
Death Stryke Posted May 5, 2010 Report Share Posted May 5, 2010 I dont have faith in these. Look at the Nano and the number of cases where it blew up in flames. Its a fact, if u want an acceptable quality, u will HAVE to pay more. Quote Link to comment Share on other sites More sharing options...
Snake Posted May 5, 2010 Report Share Posted May 5, 2010 HOT DAMN!!!!..... Aston Martin One-77 Quote Link to comment Share on other sites More sharing options...
achilles Posted May 6, 2010 Report Share Posted May 6, 2010 Euro 1.5 mil. Quote Link to comment Share on other sites More sharing options...
Snake Posted May 9, 2010 Report Share Posted May 9, 2010 Audi R8 GT • Limited-production, top-of-the-line version of the high-performance sports car• 100 kilograms lighter, body parts in carbon • V10 FSI with 412 kW (560 hp), 0 – 100 km/h in 3.6 seconds INGOLSTADT, Germany, May 1, 2010 - Now even more powerful, lighter and faster: Audi presents a limited-production version of it R8 high-performance sports car, the R8 GT. The output of its 5.2-liter V10 has been increased to 412 kW (560 hp); vehicle weight has been reduced by roughly 100 kilograms (220.46 lb). The R8 GT accelerates from zero to 100 km/h (62.14 mph) in 3.6 seconds and reaches a top speed of 320 km/h (198.84 mph). The R8 high-performance sports car has been a winner from the very beginning. This applies to both the production models, winners of the “World Performance Car” Award in 2008 (R8) and in 2010 (R8 V10), and to the race car, the R8 LMS, which won 23 races in its first season and claimed three championships. The genes of the race version are now coming to the street – in the R8 GT. The exclusive series is limited to 333 units. Each R8 GT has a badge with its production number on the shift lever knob. Quote Link to comment Share on other sites More sharing options...
Anmolsc Posted May 9, 2010 Report Share Posted May 9, 2010 that aston martin was OMFG......man will work my a*s of for it oneday Quote Link to comment Share on other sites More sharing options...
supersim Posted May 9, 2010 Report Share Posted May 9, 2010 only 77 units are being made Quote Link to comment Share on other sites More sharing options...
TRMNTR Posted May 9, 2010 Report Share Posted May 9, 2010 Oh the beauty! Quote Link to comment Share on other sites More sharing options...
Pushy Posted May 9, 2010 Report Share Posted May 9, 2010 teh one in Black is WIN! and R8 Quote Link to comment Share on other sites More sharing options...
MarketTantrik Posted May 11, 2010 Report Share Posted May 11, 2010 Check out the beauties I was ogling today. 1977 Ford Mustang Cobra (parked next to a Saleen Mustang Supercharged) 1975 Corvette Stingray Quote Link to comment Share on other sites More sharing options...
achilles Posted May 11, 2010 Report Share Posted May 11, 2010 where was this? Quote Link to comment Share on other sites More sharing options...
MarketTantrik Posted May 11, 2010 Report Share Posted May 11, 2010 where was this? At a used car lot close to the office. Gonna call the listed number this evening to check on the asking price of these beauties. Quote Link to comment Share on other sites More sharing options...
Snake Posted May 11, 2010 Report Share Posted May 11, 2010 Both are my dream cars...colour's are whack,need them in black with white stripes for the Mustang and Metallic Dark Blue for the Stingray!!! Quote Link to comment Share on other sites More sharing options...
MarketTantrik Posted May 11, 2010 Report Share Posted May 11, 2010 Both are my dream cars...colour's are whack,need them in black with white stripes for the Mustang and Metallic Dark Blue for the Stingray!!! The StingRay's paint job is the original Mille Miglia Red, so I am not complaining. Quote Link to comment Share on other sites More sharing options...
Javs Posted May 11, 2010 Report Share Posted May 11, 2010 urgent question! can some1 steal a car while the security systems are still in place? duplicate keys wont work to open, and the alarm would have beeped... my car is missing/stolen.....and i cant figure this out Quote Link to comment Share on other sites More sharing options...
achilles Posted May 11, 2010 Report Share Posted May 11, 2010 At a used car lot close to the office. Gonna call the listed number this evening to check on the asking price of these beauties. also.. good use of the new camera Quote Link to comment Share on other sites More sharing options...
ACIDICBRAT Posted May 11, 2010 Report Share Posted May 11, 2010 (edited) urgent question! can some1 steal a car while the security systems are still in place? duplicate keys wont work to open, and the alarm would have beeped... my car is missing/stolen.....and i cant figure this out Alarm wud have been raised,i gues.. which car btw? Edited May 11, 2010 by ACIDICBRAT Quote Link to comment Share on other sites More sharing options...
MarketTantrik Posted May 11, 2010 Report Share Posted May 11, 2010 also.. good use of the new camera Those were taken with my iPhone 3GS camera Quote Link to comment Share on other sites More sharing options...
achilles Posted May 11, 2010 Report Share Posted May 11, 2010 oh for.. all the hate that u spew.. and then u go and buy that. Quote Link to comment Share on other sites More sharing options...
KWC Posted May 11, 2010 Report Share Posted May 11, 2010 Are you sure the car didn't get towed? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.