Bajaj Auto car project on schedule
Zee News reported that Bajaj Auto car project with Renault - Nissan is largely on schedule and that any financial or other constraints that Renault - Nissan may have no bearing on Bajaj's ability to implement the project.
Bajaj Auto said that "The project remains largely on schedule though in the course of development some specifications have been reviewed leading to adjustments in the overall schedule."
Official said the car is scheduled for launch in 2011. The Pune based it has primary responsibility for the design, development, manufacturing and supply chain activities of the project.
The Official said that "The key issue that Bajaj has addressed, in consultation with Renault-Nissan, has been towards the purpose of ensuring that this car will, true to its originally intended brief, be positioned not on low price but on high fuel economy."
It said that a breakthrough in fuel economy has been achieved and would serve as a powerful competitive edge in differentiating this product from its potential competitors.
It further added that Bajaj is moving ahead confidently and expeditiously to implement this project as close to the original schedule as possible.
(Sourced from zeenews.com)
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