$2,500 car is important for Indian mkt: Ghosn

Nissan chief Carlos Ghosn Sunday said the $2,500 car that the company is developing

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in alliance with Bajaj Auto is not stuck because of the price.

"The $2,500 car is very important for the Indian market. The price may end up being $2,500 or $2,800 or $3,000 but we are not stuck up on the price," said Carlos Ghosn, chairman & CEO, Renault-France and president & CEO, Nissan-Japan on the sidelines of the India Economic Summit 2009.

"Our competitor Tata has already developed such a car...but we continue with our partners for buying this kind of product," he added.