Recently Nissan scotched rumors that its alliance with Bajaj Auto to develop an ultra low-cost vehicle was on a shaky ground, saying it is still in talks with the Indian auto major for the project.
“We have been holding discussions... the next round of the announcement will be a joint announcement,” Nissan Motor Company Vice-President Corporate (India, Africa & Middle East) Giles Normand addressed the reporters during the launch of the Japanese auto major’s made-sized sedan ‘Sunny’ in New Delhi.Speculation had been on a wide spread that the Nissan-Renault- Bajaj joint venture was not working well as the two overseas JV partners are unhappy with Bajaj over the pace of project.Vcommindia News
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