According to a report in The Economic Times, Renault will not introduce the ‘ultra low cost car’ it is developing with Bajaj and Nissan into the European market but could use parts for its other cars.
“We aim to learn as much as we can from the ultra low cost car,” said Jean-Louis Ricaud, executive vice president engineering and quality at Renault.
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“We will not take that car to Europe but we can use parts developed for that car in other models,” he told reporters in an interview on Tuesday.
Bajaj, based in Pune, is developing a USD2,500 car with the Renault-Nissan alliance to rival the Nano from Tata and make cars affordable to people in emerging countries.
Ricaud said that this vehicle would have a maximum speed of 80 km per hour, and that some parts for it could also be used in other models to have the same functionality at lower cost.
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