Bajaj launched its maiden 4 wheeled vehicle

9 January 2012: India's auto major Bajaj Auto Ltd has launched its first-ever four-wheeled vehicle named RE60 which would target commercial users and three-wheeled vehicle owners in the country and the production could involve Nissan and Renault.

The unveiling of the four-seater RE60 ended months of rumours that have buzzed around India's auto industry on the nature of the vehicle, which promises low carbon emissions and fuel efficiency. The vehicle resembles an over-sized hatchback with an elevated roof. Bajaj is India's second-largest two-wheeled vehicle maker, and is the world's leader in the three-wheeled vehicle segment, which includes the popular rickshaw taxis used across Asia's third-largest economy.

Source: Times of India