Renault and Nissan announced it would cooperate with Indian company Bajaj Auto to create the world's cheapest car. This car will reportedly even cheaper than cheap car (murmer) today, Tata Nano.
Agreement on murmer car production has been signed and ready to launch the upcoming 2012.
In the content of the agreement stated that Bajaj will be responsible for the design. Business machines, technology, and marketing will be handled by the Renault-Nissan.
Chief Executive Officer (CEO) Carlos Ghosn said Nissan's production cost cheap car in India can still pressed more than the current produced.
With Indian manjadi major markets and some developing countries for the export market, this car is rumored to be fuel efficient because it only consume one liter of gasoline per 20 miles. This car will be manufactured in India and communities to target middle-class consumers. Photo above is the Bajaj Lite concept car that had appeared in 2008.
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