May
21
21
When I first saw a headline that the Renault-Nissan alliance announced a 2500 USD vehicle, I told myself that this was to good to be true. The price of 2500 US Dollars it just about a little over a hundred thousand Philippine pesos which can be a price of a motorcycle. I thought that the Chery was the cheapest existing vehicle, but the Renault-Nissan Alliance and Bajaj and Indian manufacturer will create an ultra-budget car with a starting price of 2500 USD. The plan is that this vehicle will be available at the Indian market at the year 2011.
Source: http://www.worldcarfans.com/9080512.005/renault-announces-usd2500-car