It is still not defined whether the new car will wear a Renault or a Nissan badge, but we would bet on Renault because of its dealer network, which is bigger than Nissan's in Brazil. The ULC will cost about US$ 3,000 in India. In Brazil, its price is expected to be at least three times higher than that, what would still make the car amazingly cheap for Brazilian standards.
Bajaj ULC is still under development by Bajaj Auto, Nissan and Renault. The idea is to turn it into a world project, more remarkable by its fuel consumption (about 35 km/l) than by its price. We just hope development to be quicker.
Source: The Hindu Business Line via Indian Autos Blog