Renault Preparing Tata Nano Rival Report

The well known French based Automaker, Renault, is all set to prepare two low cost vehicles, targeting mainly at the tata Nano to increase its market share in emerging markets.

The model would be approximately around 5,000 EURO (6,400 USD), which will be developed with partner Nissan and will be launched in late 2014, and the second model is expected to cost around 3,000 EURO, which will be a target at the world’s cheapest car, Tata Nano. Both these cars will be a manufactured in India and unfortunately it won’t be hitting the European market.

Stay tuned for more updates on the low cost cars from Renault.