Bajaj Auto launches ultra-low-cost car RE 60
Bajaj Auto Ltd recently announced that the company is
planning to roll out 5,000 units of its four-seater "quadricycle"
codenamed RE-60. Although Bajaj has an in-principle go-ahead from the
government, commercial production would happen only after a
government-appointed committee submits its report. Powered by a one
cylinder petrol engine, the RE-60 is claimed to return a mileage of 35
kmpl. Slotted between a three-wheeler and a car, the RE-60 would create a
new segment called ‘quadricycle.’
By-Kshitij
PGDM-2nd
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