Bajaj Auto unveils RE 60: 4 Wheeler Auto Rickshaw

Discussion in 'Economy & Infrastructure' started by JAISWAL, Jan 3, 2012.

  1. JAISWAL

    JAISWAL Senior Member Senior Member

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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.
     
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  3. JAISWAL

    JAISWAL Senior Member Senior Member

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    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.
    .
    [​IMG]
     
  4. JAISWAL

    JAISWAL Senior Member Senior Member

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  5. Zebra

    Zebra Senior Member Senior Member

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  6. JAISWAL

    JAISWAL Senior Member Senior Member

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    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.
     
  7. JAISWAL

    JAISWAL Senior Member Senior Member

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    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.
     
  8. H.A.

    H.A. Senior Member Senior Member

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    Did you say Pulsar engine??????!!!!!
     
  9. GURU DUTT

    GURU DUTT New Member

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    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 ??????:frusty:

    can anybody tell whats it engine stats are & how many cylenders & such ?????:confused:
     
    Last edited: Jan 3, 2012
  10. Zebra

    Zebra Senior Member Senior Member

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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.....

    [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
     
    Last edited: Jan 3, 2012
  11. GURU DUTT

    GURU DUTT New Member

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    ^^ 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
     
  12. warriorextreme

    warriorextreme Senior Member Senior Member

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    ewwwwwwwwww
     
  13. Zebra

    Zebra Senior Member Senior Member

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    [​IMG]

    [​IMG]

    [​IMG]

    [​IMG]

    [​IMG]

    They are all Boxy Cars , see their bumpers !
     
  14. sob

    sob Moderator Moderator

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    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.
     
  15. Blackwater

    Blackwater Veteran Member Veteran Member

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    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.
     
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  16. Blackwater

    Blackwater Veteran Member Veteran Member

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

    Blackwater Veteran Member Veteran Member

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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
     
  18. Bangalorean

    Bangalorean Stars and Ambassadors Stars and Ambassadors

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

    I will never forget their "contributions" in terms of auto rickshaws and "tilt to start" scooter. "Hamara Bajaj" indeed. :frusty:
     
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  19. Rahul92

    Rahul92 Senior Member Senior Member

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    are you sure that it's a car:confused:
     
  20. JAISWAL

    JAISWAL Senior Member Senior Member

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

    Kunal Biswas Member of the Year 2011 Moderator

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    But who`s going to buy it ?
     

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