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Bajaj Auto and the Renault-Nissan
Alliance to build the car code- named ULC
The Renault-Nissan Alliance and
Bajaj Auto announced they will form a joint-venture company to
develop, produce and market the car code-named ULC with a
wholesale price range starting from 2500 USD . The new
joint-venture company will be 50% owned by Bajaj Auto, 25% by
Renault and 25% by Nissan.
(May 12, 2008) |
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