Bajaj Auto unveils RE 60: 4 Wheeler Auto Rickshaw

[JAISWAL]

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NEW DELHI: Bajaj Auto Ltd launched its first-ever
four-wheeled vehicle on Tuesday, saying the
RE60 would target commercial users and three-
wheeled vehicle owners in India, and that
production could involve Nissan and Renault.
The unveiling of the four-seater RE60 ended
months of rumours that have buzzed around
India's auto industry on the nature of the vehicle,
which promises low carbon emissions and fuel
efficiency, the company said in a much-
anticipated launch.
The vehicle resembles an over-sized hatchback
with an elevated roof. The company said that the
RE 60 is expected to yield a fuel efficiency of
35km/litre.
Bajaj is India's second-largest two-wheeled
vehicle maker, and is the world's leader in the
three-wheeled vehicle segment, which includes
the popular rickshaw taxis used across Asia's
third-largest economy.
France's Renault SA and Japan's Nissan Motor
Co, who worked with Bajaj on developing what
was slated to be an ultra low-cost minicar, will
decide on co-operation on the RE60 in the next
few days, Bajaj Managing Director Ravi Bajaj told
reporters.
"At no point we intended to be contract
manufacturers for Renault-Nissan... With small
or big modification, we can supply to Renault-
Nissan if they wish," Bajaj said.
"They have not seen the product... If Renault-
Nissan were to walk away, that is also fine with
us."
Renault-Nissan will view the vehicle for the first
time at this year's Auto Expo, Bajaj added.
The event, held once every two years, begins in
New Delhi on Thursday.
The RE60 will be manufacturered in Bajaj's plant
in Aurangabad, and will be made available to
customers in the next few months, Bajaj said.
Bajaj has been working with Nissan Motor Co
and Renault SA on a project to develop what
was originally planned to be an ultra low-cost
minicar. Bajaj and Renault-Nissan had
announced the formation of a joint venture in
May 2008. The project ran into hiccups over
branding, product detail and concept issues.
Bajaj Auto said that for the last 8-9 quarters, the
company is most profitable globally. It expected
FY-12 3-wheelers volumes to touch 50 lakh
units.
Rajiv Bajaj said that the company expected to
close FY12 with exports of Rs 6500 cr. "We aim
to export 16 lakh units by end-FY12."
Bajaj said that the company has made a smooth
transition from being a scooter company to a
bike manufacturer. "Pulsar and Discover are
driving company's growth," added Bajaj.
Shares in the automaker, which opened strongly
in anticipation of the RE60 launch, were up 0.3
percent at Rs 1480 in early afternoon trading.
The overall market was up about 2 percent.

 

[JAISWAL]

Bajaj Auto launches low cost car RE 60, promises 40 km per litre
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Bajaj Auto, a listed two-wheeler and three-
wheeler company, announced the launch of RE
60, an ultra-low cost car. The company claims
that the car would have a mileage of close to 40
km per litre and will have an 800 cc engine.
The car will be launched in 2012. However, the
car might be exported first before it is available
here in India.
"We could launch the four wheeler first in Sri
Lanka," said Bajaj.
The engine is a new water cooled DTSi 4 (Digital
Twin Spark Ignition) valve and would give a
maximum speed of 70km per hour. The car has
a seating capacity of four people. It has been
designed and developed fully by Bajaj Auto and
not with Renault or Nissan Motors
Rajiv Bajaj, MD at Bajaj Auto, made the
announcement and said that the engine for the
car is state-of-the-art and environment friendly. It
is frugally engineered, he added.
"RE 60 will be produced at three-wheeler plant in
Aurangabad," Bajaj said, adding that it will be
ready for production in the coming months.
He was speaking at a press conference in New
Delhi on the eve of Auto Expo 2012, the biggest
auto show in India.
"We have developed a four wheel vehicle with
mileage of nearly 40 km / litre. The car emits
carbondioxide of just 60 gm per km," he told
reporters.
Bajaj Auto is known for its two wheelers and
three-wheelers. The company is making a four-
wheeler for the first time.
However, the company could sell the car to
Renault or Nissan Motors with minor
modifications if they wish.
"We are free to brand our own four wheeler and
sell it anywhere in the world," Rajiv Bajaj said.
Tata Nano is currently the cheapest car in the
world. Bajaj Auto has not disclosed the pricing.
Bajaj Auto shares were trading flat after slumping
8 per cent in trade on Monday. The December
2011 sales data was below expectation.
Rajiv Bajaj said that Bajaj Auto would end the
current fiscal with exports of Rs 6,500 crore
representing nearly 1.6 million vehicles. He also
said that it is extremely rare to find a car
company with profit of over 10 per cent.
"We are Apple kind of company. We believe in
making niche products; we are an 'anti car'
company. We are 2, 3 and 4 wheeler company
and in this space, our investment can't be
anywhere near a car company, investment closer
to what one would invest as 2 or 3 wheeler
maker," said the Bajaj honcho.
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[JAISWAL]

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[Zebra]

 

[JAISWAL]

its very weird looking vehcile.
According to aaj tak this is a not a car, nor a auto.
It had its engine at back and it is a modified enlarge pulser engine in it.

 

[JAISWAL]

Bajaj RE60 Price in India
Revealed through a company commercial, Bajaj
RE60 price in India is expected to be Rs.
1,50,000-2,00,000. However Bajaj Auto has
informed the exact Bajaj RE60 price will be
announced at launch. Bajaj RE60 was expected to
compete with Tata Nano in initial plans. RE60
features DTsi 4 valve engine. Bajaj RE60 launch
in expected in the second half of 2012 year.

 

[H.A.]

its very weird looking vehcile.
According to aaj tak this is a not a car, nor a auto.
It had its engine at back and it is a modified enlarge pulser engine in it.

Did you say Pulsar engine??????!!!!!

 

[GURU DUTT]

as far as i know RE was there three wheeler which means rear mounted engine , by god what the hell rajeev bajaj was thinking when he said OK & freezed this design is this some kind of joke or what ??????

can anybody tell whats it engine stats are & how many cylenders & such ?????

 

[Zebra]

as far as i know RE was there three wheeler which means rear mounted engine , by god what the hell rajeev bajaj was thinking when he said OK & freezed this design is this some kind of joke or what ??????

can anybody tell whats it engine stats are & how many cylenders & such ?????

NEW DELHI: Bajaj Auto Ltd launched its first-ever four-wheeled vehicle on Tuesday, saying the RE60 would target commercial users and three-wheeled vehicle owners in India.....

[video]http://economictimes.indiatimes.com/news/news-by-industry/auto/automobiles/bajaj-auto-unveils-small-car-re-60-in-partnership-with-nissan-and-renault/articleshow/thumb/11349158.cms?width=310&height=200[/video]

http://economictimes.indiatimes.com/news/news-by-industry/auto/automobiles/bajaj-auto-unveils-small-car-re-60-in-partnership-with-nissan-and-renault/articleshow/11349403.cms

 

[GURU DUTT]

^^ but bro what i think is that this might not be the model to be launched , man just look at the oversized bumper looks like they had used an modfied bumper from scorpio like the coach manufaturers like sutlej & co does so often on buses ....its crazy

 

[warriorextreme]

ewwwwwwwwww

 

[Zebra]

They are all Boxy Cars , see their bumpers !

 

[sob]

This looks like design was copied completely from Reva.
After the experience with Nano I thought that Bajaj group would smarten up and drop this project. This has a very limited market even in India.

 

[Blackwater]

WTF is that. I think Indian manufacturer has forget the Definition of car. They think any thing on four wheels is car.. they ignore safety issues.

 

[Blackwater]

its very weird looking vehcile.
According to aaj tak this is a not a car, nor a auto.
It had its engine at back and it is a modified enlarge pulser engine in it.

True this has meant for taxi. It's four wheel auto..

 

[Blackwater]

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There are no head rest. what about Ground clearance??? Can u believe those tyres will clear speed breakers and road potholes. Bajaj da munda sethia gaya ha

 

[Bangalorean]

Bajaj is the auto company which I hate from the bottom of my heart.

I will never forget their "contributions" in terms of auto rickshaws and "tilt to start" scooter. "Hamara Bajaj" indeed.

 

[Rahul92]

are you sure that it's a car

 

[JAISWAL]

are you sure that it's a car

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No its not a car, nor a auto. See post #5

 

[Kunal Biswas]

But who`s going to buy it ?