Renault-Nissan confident of proposed Bajaj alliance

Newswire

NEW DELHI, Oct 29 (Reuters) - Renault SA and Nissan Motor Co are confident a proposed alliance with India's Bajaj Auto Ltd for an ultra low-cost car will continue to advance in a favourable manner, the companies said on Monday. A team from Renault-Nissan visited a Bajaj plant in Chakan near Pune on Monday, and met with Bajaj engineers. "After our discussions in Paris, I am here to further review the proposed alliance for the ultra low-cost car project with Bajaj," Carlos Ghosn, chief ...

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