Carlos Ghosn Says That The Renault Mini Car Will Fight The Nano In 2011

Miscellaneous, Reports | Dean | November 18, 2009 at 17:09

Renault CEO, Carlos Ghosn has said that they are still going forward with the low-cost mini-car which will soon rival the Tata Nano. The French automaker will create the mini-car in partnership with Indian company, Bajaj Auto.

Expect the mini car to make its debut around 2011 where it will enhance the companies’ global and local Indian market tremendously.

“The entry price point, which will be $2,500 is still very important for the market, not only for India, but also for lot of emerging markets,” Ghosn said. “We have to bring in the car with basic feature, basic functionality at a very affordable price.”

The first reports said that there will only be 400,000 units per year, and sales will start during 2011 in India, as this will be the primary market.

“I know that some of our competitors like Tata has already put the car in the market … its moving on. We will continue to work to bring in this car (with Bajaj) into the market,” Ghosn said.