Renault, Nissan, Bajaj JV to make big cars-paper

Newswire

MUMBAI, June 20 (Reuters) - Renault-Nissan and India's Bajaj Auto plan to expand their low-cost car joint venture in India to make bigger cars and multi-purpose vehicles, the Economic Times reported on Friday. "There's no way one can compete with a single product in any market, be it cellphones or motorcycles or cars," the newspaper quoted Bajaj Auto Managing Director Rajiv Bajaj as saying. "So, we are planning a portfolio of products. There would be different products, not just variants ...

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