PARIS – Nissan Motor Co. Ltd. will be a full partner in Renault SA’s project in India to build an ultra-low-cost (ULC) competitor to Tata Motors Ltd.’s Nano small car. The two auto makers signed a memorandum of understanding with Baja Auto Ltd. on May 12 to build a 400,000-unit plant and a car that can sell wholesale for $2,500. Each of the partners will sell the model, which is due in 2011. However, the decision on branding is yet to be decided. “Every company will have its own car,” ...

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