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Home arrow News arrow Automotive arrow Bajaj Auto's Car Project With Renault-Nissan proceeding on Schedule
Bajaj Auto's Car Project With Renault-Nissan proceeding on Schedule Print E-mail
Written by Anand   
Wednesday, 18 March 2009
Pune : In the context of the development of its car in partnership with Renault-Nissan, Rajiv Bajaj, MD, Bajaj Auto Ltd., has 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. The company has categorically denied that the project has been delayed by any significant period such as a year. In a statement issued he said that Bajaj is proceeding as before to implement this project and that any financial or other constraints that Renault-Nissan may have, will have no bearing on the ability of Bajaj to implement this project.

Bajaj has primary responsibility for the design, development, manufacturing, and supply chain activities of this project.

"The key issue that Bajaj has addressed, in consultation with Renault-Nissan, has been towards the purpose of ensuring that this car will be positioned not on low price but on high fuel economy," Rajiv Bajaj said.

"A breakthrough in fuel economy has thus been achieved and will serve as a powerful competitive edge in differentiating this product from its potential competitors. Bajaj considers this critical to ensure that the product is worthy of being priced to enable the project to demonstrate the intended profitability. Furthermore a car as fuel efficient as this is expected to redefine the benchmarks for exhaust emissions including CO2 which is of primary social concern in the context of global warming," he added in a statement.

"Bajaj is moving ahead confidently and expeditiously to implement this project as close to the original schedule as possible," he said.

 
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