~ The Bajaj RE60 still cheaper than the Nano

The Tata Nano, and the title of cheapest car in the world, challenged by the arrival of the new low-cost Bajaj.It was at the Auto Expo 2012 to be held in New Delhi on 7 January, the Indian manufacturer, Bajaj, specializing in two and three wheels, announced yesterday, Tuesday, January 3, 2012, his first four-wheel vehicle: the RE60. Although no price has yet been given, the car is positioned immediately as a serious competitor to the Tata Nano, known so far on the car market as the cheapest car in the world.Its target users of three wheels to make them move to four wheels. "There are more than 5 million three-wheeled Bajaj in India today. It is the market we are aiming for," said Rajiv Bajaj, the CEO Bajaj.