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Finally Bajaj is going to launch it's first car RE 60, they promise it gives 40 km  per litre, isn't great news for us,

Bajaj Auto, the world's largest manufacturer of three-wheelers, on Tuesday unveiled its ultra low-cost, small four-wheeler for intra-city urban transportation.

Although the company has not yet revealed its exact price, the buzz in the market is that the Bajaj RE60 is likely to be priced between Rs 125,000 and Rs 200,000, giving tough competition to the Tata Nano which is the cheapest car in the world currently.

With this vehicle, Bajaj Auto could well revolutionize mass transportation in the country.

In 2008, Bajaj had showcased a small concept car, but had later decided not to go ahead with it. now it's Bajaj's turn to get the response from the market on this, I wish Good Luck to them.