Renault Bajaj ULC
Posted on May 12th 2008Welcome back!
The Bajaj auto and the Renault Nissan alliance declared its plans to create the Renault Bajaj ULC (codename) – a $2500 car. The new industry that will produce the ULC will be owned 50 percent by Bajaj, 25 percent by Renault and 25 percent by Nissan.
The latest ULC will be created at an entire new plant to be built in Chakan, Maharashtra. Firstly this car will be produced in 4000000 units yearly and sales will begin 2011 in the India.
Renault declared that the project is going on to meet the marked performance and price.
By editor in Auto India News, Bajaj
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