Renault-Nissan Alliance CEO Carlos Ghosn gives a press conference in New Delhi on November 10, 2009. The French automaker plans to launch a low-cost car on the Indian market in 2012 in a tie-up with India's Bajaj Auto, aiming to take on the world's cheapest car the Tata Nano, which hit Indian streets earlier this year, as well as building Renault's presence in the fast-growing Indian auto market. Getty Images logo Getty Images 1 week ago

Renault-Nissan Alliance CEO Carlos Ghosn gives a press conference in New Delhi on November 10, 2009. The French automaker plans to launch a low-cost car on the Indian market in 2012 in a tie-up with India's Bajaj Auto, aiming to take on the world's cheapest car the Tata Nano, which hit Indian streets earlier this year, as well as building Renault's presence in the fast-growing Indian auto market.