Bajaj Auto unveils ultra low cost vehicle

January 3rd, 2012 - 4:19 pm ICT by IANS  

New Delhi, Jan 3 (IANS) Two- and three-wheeler major Bajaj Auto Tuesday unveiled its first four-wheel vehicle, the ultra low cost RE-60.

“This is a light weight, 200 cc four-wheel passenger carrier. This is not a car but a four-wheeler segment, which is a new segment in its own right,” R.C. Maheshwary, president, commercial vehicle business, Bajaj Auto told IANS.

The vehicle travelled 40 km per litre under test conditions and the company said under realistic driving conditions it could deliver 35 km per litre. It will come in three fuel variants — petrol, CNG and LNG.

The company, however, did not disclose the price at which the vehicle would be launched but said it would hit showrooms in a few months.

The four-wheeler would be produced at the Bajaj Aurangabad facility.

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