Managing Director of India's Bajaj Auto Rajiv Bajaj (L) and RC Maheshwari, left, president of its commercial vehicles (R) poses with newly launched vehicle - RE60 at a function in New Delhi on January 3, 2012. Indian manufacturer Bajaj Auto has unveiled an ultra-low-cost car as its first foray into the four-wheel market, pitching the vehicle as a solution to urban pollution and congestion.Stressing the car's high fuel efficiency and low carbon dioxide emissions, but it did not release a price tag. Photo Credit: Indian Photo Agency