Nissan Will Continue develop low cost $2,500 with Bajaj

On the alliance of Nissan
with Bajaj Motors, Ghosn said that the project for developing a low-cost car as a rival to Tata Nano was still being developed. “Our competitor Tata has already developed such a car, but we continue with our partners for developing this kind of product.”

“The $2,500 car is very important for the Indian market. The price may end up being $2,500 or $2,800 or $3,000 but we are not stuck up on the price,” said Carlos Ghosn, chairman & CEO, Renault-France and president & CEO, Nissan-Japan on the sidelines of the India Economic Summit 2009.