If you think the Renault/Dacia Logan (shown above) was a budget car, wait til you see what Renault has in mind next. The guys at Renault are planning an even cheaper car that will cost around US$3,000. This ultra-budget car will be designed and developed in India, at a new “technocenter” soon to be established that will hire 1,000 engineers.
Apparently, development costs in India are very low. India has been in the Carlon Ghosn spotlight for awhile now. Earlier this year he said there is a fundamental difference in attitude to cost savings between western companies and Indian companies, and by this he means the Indian one is better.
This new budget car will be aimed at developing markets, and not intended for the European market. Let’s just hope it ends up looking better than the Logan.