Renault-Nissan Announce $2,500 ULC Budget Car, To Be Built in India

The first company to challenge India’s Ratan Tata and his $2,500 Nano minicar will be the Renault – Nissan Alliance that announced today the formation of a joint-venture company with Indian carmaker “Bajaj Auto” to develop, produce and market a new budget-mobile with prices starting from 2500 USD or 1.620 EUR with the current exchange rates. According to a common press release by the involved