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Friday, August 14, 2009
Bajaj yet to finalize low-cost car (ULC) plan with Renault-Nissan
Bajaj Auto is yet to freeze plans on its proposed ultra low-cost car that the company plans to build in partnership with French automajor Renault and Japan’s Nissan. The Pune-headquartered two-wheeler major, for whom this would be the first swipe at the car industry, will consider a techno-economic feasibility report for the proposed budget-price passenger car along with the other two partners