BS Motoring has reported that the ultra low cost car from Bajaj is shelved. It was quoting the Wall Street Journal as having said so. Other websites have reported that Bajaj will now go ahead with the making of another type of passenger vehicle on the four wheeler platform and are speculating that it maybe a vehicle in the mould of the Tata Magic Iris. However there have been no confirmations of any of the above by the companies involved including Nissan-Renault and Bajaj itself.