Renault Bajaj ULC Concept Car
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Renault Bajaj ULC is a 2500 USD concept car which planned to be built by Bajaj Auto and the Renault-Nissan Alliance. The new Renault Bajaj ULC will be built at an all-new plant to be constructed in Chakan (Maharashtra state) in India.
The new company that will build the Renault Bajaj ULC will be owned 50% by Bajaj, 25% by Nissan, and 25% by Renault.
The Renault Bajaj ULC will be built in 400,000 units per year for its first launch. And the sales for this Renault Bajaj ULC will start in India at 2011. India had been chosen dfor its primary market, with growth potential in other emerging markets around the world.
As announced by Renault, that the projects is on line to meet targeted performance and cost.
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