Bajaj plans to produce 60 000 RE-60 per year in a first phase
 

Bajaj Auto is an independent Indian  manufacturer of two-wheelers and three- wheelers.


Its strategy is now to develop and produce four-wheel  vehicles. It initially associated with Renault  in this objective but the project failed..


Bajaj Auto plans to produce 5000 units per month of its small car RE-60 in Aurangabad, east of Bombay (60 000 vehicles per year).


Small RE-60 (four-seaterquadricycle) is part of a new category of small cars, which is subject to under-development  specific standards and regulations. Bajaj Auto says it will take a few months to finalize the classification of these new vehicles.


The Tata Nano is also expected to enter this new category of vehicles positioned below the segment A (Suzuki-Maruti 800, Hyundai i10). For the time being, Inovev name this category A-.


This class A-(cheaper than Japanese Midget = K-cars according to the Japanese segmentation is expected to grow in the coming years, on some emerging markets with limited purchasing power. Renault ,inparticular,  plans to launch a new model in this category.


 

13-14-10

 

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