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End of road for Bajaj’s small car

Published on 17 Jul. 2011 12:48 AM IST
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 Bajaj Auto’s ultra low-cost car plans with Renault-Nissan Alliance hit a new low as the company’s MD Rajiv Bajaj termed the project “unviable”, though the company later clarified that the troubled project was on.
Bajaj, speaking to reporters on Thursday after announcing the company’s quarterly results, was quoted as saying by a news wire, “We don’t intend to get into the low-margin (passenger car) business.”
“The new four-wheeler platform, which will have commercial and passenger applications, will be showcased to Renault-Nissan in January 2012... Bajaj Auto will remain in the commercial space of the business while Renault-Nissan, if they decide to go ahead with the project, will be responsible for the personal transportation application,” he said.
A spokesperson for Renault refused to comment.
The conflicting statements, within hours of each other, however, did not come as a surprise as the partners have been having differences right from the time they came together. 

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