The Hindu Business Line : Ghosn visits Bajaj Auto's Chakan plant

Mr Carlos Ghosn, President and CEO, Renault SA and President and CEO, Nissan Motor Company, and a delegation from Renault and Nissan visited the Chakan plant of Bajaj Auto Ltd (BAL) today to review a proposed alliance for an ultra small car project with Bajaj.

This visit followed a recent meeting in Paris between Mr Ghosn and Mr Rajiv Bajaj, Managing Director, BAL. Commenting upon it, Mr Ghosn said, "After our discussions in Paris, I am here in Pune to further review the proposed alliance for the ultra low-cost car project with Bajaj. Visiting the plant and discussing the project with engineers is the only effective way to understand all the challenges we face. I am confident that this project will continue to advance in a favorable direction for both Bajaj and Renault Nissan Alliance."

Apart from Mr Ghosn, the delegation from Renault and Nissan comprised Mr Carlos Tavares, Executive Vice- President, Business Strategy and Product Planning, Nissan, and Sylvain Bilaine, Managing Director, Renault India.

Mr Rajiv Bajaj said, "To Renault and Nissan's world of formidable automotive experience, Bajaj aspires to add value through product innovation and competitive operations. Such an alliance would be promisingly placed to develop a unique platform of `lite' vehicles for an increasingly vulnerable world." -- Our Bureau

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