There has been considerable development on the four-wheeler so far. Last month, Renault executives were here, and we have shared all the work with them, be it styling, prototyping and testing. In fact, we have heard from them, after they went back to France, that they are satisfied. So, we have said 2012 (for the launch) and we are on course.
Bajaj Auto Managing Director Rajiv Bajaj talks about the on-going Bajaj ULC project to Business Standard.
Source - BSmotoring.com