Nissan to Develop $3,000 Car
Nissan Motor Co. will partner up with its parent Renault SA and Indian Motorcycle maker Bajaj Auto Ltd to develop and produce and ultra-affordable car.
Renault and Bajaj have been talking about the project since July.
Commercial assembly is expected to begin in about 4 years.
Bajaj will supply the engine using its know-how in procuring cut-rate parts and
Renault's expertise will involve low-cost production.
I am not sure what Nissan will contribute…quality? safety? Japanese efficiency?
Tata Motors Ltd will start selling a car for about $2400 next month in India.
The $3,000 car….next market is Africa.
