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Home » Posts tagged with "ULC"

Bajaj Auto to launch ULC (ultra low cost) four wheeler in 2012

Bajaj Auto has announced they will launch their first vehicle from their four-wheeler project in 2012, despite no clarity from the Renault-Nissan front regarding the much awaited ULC launch. This independent move points to the fact that Bajaj Auto will propel the new car on their own accord. Bajaj Auto's 2010-2011 annual report mentioned "Development work on the four-wheel vehicle is under progress... 

Renault backs off ULC project

Though there were a number of contenders for being India's cheapest car, Nano still retains its title as being the cheapest car in India. Bajaj Renault Nissan was in the running to bring out some stiff competition, but discrepancies between partners have stalled this venture. Mr. Marc Nassif, MD of Renault India said that though  they were very keen on the project, Renault deterred from bringing out... 
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Renault not committal about ULC small car project with Bajaj

This time around, for all you know, too many cooks spoilt the broth, as the ULC or ultra low cost car initiative by the Nissan, Bajaj, and Renault alliance to challenge the Tata Nano doesn't seem to be heading forward. An announcement by French car maker, Renault clarifies that if the ULC doesn't meet standard expectations, Renault will have no part to play in development of the ULC. It's clear that... 
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Bajaj to launch all new 4 wheel commercial carrier by next year

If we are to believe a report by Indianautoblog.com, Bajaj Auto is getting ready to launch an all new commercial vehicle by next year in the Indian auto industry. Though a leader in manufacturing motorbikes and 3 wheelers in India, Bajaj Auto wants to launch itself in the booming Indian car industry as well. Their ULC (Ultra Low Cost) vehicle which Bajaj is developing along with Nissan and Renault... 
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Renault to price its small car above Bajaj's ULC

French car maker, Renault had earlier announced that they are currently working on a small car project which according to reports will be launched by 2013 in the country. Now reports have emerged that this small car from Renault will be priced in a higher price bracket than the Bajaj ULC, which is also expected to arrive at a similar time. Mr Jerome Stoll, Executive VP, Renault, said, "Bajaj's (the... 
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Small cars need good sales figures: Rahul Bajaj

According to Rahul Bajaj, Chairman, Bajaj Auto, small car should have good sales in order to sustain in the industry. He may be speaking in reference to the small car which is being developed by Bajaj, Renault and Nissan. "A car at a cost of less than Maruti 800 is not going to work. My son Rajeev may not like to sell a car with EBIDTA less than 20 per cent," Mr Bajaj added. The prototype of Bajaj-Renault-Nissan,... 
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Bajaj small car project on schedule

The Bajaj-Nissan-Renault small car project which is codenamed ULC as of now is on track for a 2012 launch, stated Bajaj, India. All three manufacturers contributed in developing the ULC's engine which is ready for testing as of now. The ULC created quite a buzz when Bajaj promised that the ULC will deliver a mileage of 30 kmpl and will cost less tham Rs 2 lakhs. Mr Rajiv Bajaj, MD Bajaj Auto India,... 
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Bajaj joins Nissan-Renault small car project

In the wake of misinterpretations regarding Bajaj-Nissan-Renault's ultra low cost (ULC) car project, finally the air was cleared earlier today when Bajaj announced signing of MOU with Nissan-Renault. According to this MOU, Bajaj will only and only design and manufacture the ULC vehicle. In no way Bajaj want to or will be interfering with distribution and marketing of the ULC vehicle. When this project... 

Renault-Nissan: what's the big deal

Speculation suggest that Renault-Nissan could be looking at partnering with Ashok Leyland to manufacture a passenger car that'll be placed between the ULC project with Bajaj and the 'Micra.' Renault-Nissan is inaugurating their first Indian car plant at Oragadam. Renault-Nissan and ALL are in talks about working on common projects. In regards to their Bajaj tie up, the developers are yet to reach an... 
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