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And Here are some Extracts from the Article they will answer all your Questions.
This was Bajaj’s Peoples Car of the 80’s. This Dream of Bajaj never made it to the Indian Roads but if it had become a Reality it would have altered History. We don’t know why Bajaj Scraped the Peoples Car project. People often Mistake it with a Rickshaw.
The PTV was a Unique Peoples Car Project Undertaken by Bajaj Auto. One might wonder how Bajaj thought about such an experiment in the Late 80’s. When there was a “Quota Raj” and vehicles were not available as per customers Wish. Also that was the “Hum Do Humare Do” era. Small Families commuted only on two wheelers, either by scooters or motorcycles like Rajdoot, Yezdi and Enfield Bullet.
To Find a Solution Bajaj Auto decided to manufacture a car that will cater to all necessities of a small Family, in keeping with the available technology. Initially they drafted a Four Seater, but due to engine Capacity Constraints it became a Two Seater. Thus the Private Transport Vehicle (PTV) was born. It was in fact the very first attempt of the Indian Auto Industry to make a Peoples Car. This unfortunately never saw the light of the Day.
As per Mr. Ashok Sarwade, an engineer of Research and Design of Bajaj Auto -
Actually those were the days of the Quota Raj, people had to wait for years to get a brand new vehicle.
There was a huge price gap between scooters, motorcycles and small cars. Our R&D department decided to fill up this gap by designing a car that can give adequate safety and economy to a Small Family.
They designed a Unique Car, which has the Platform of Rickshaw and an Engine of a Scooter.
They Produced 4 Prototypes out of which the PTV was cleared.
At Least 25 PTV’s were made, of which 14-15 were sold to company officials and 2 kept for testing. They were told to be strict about the safety of the car so they used 2 of them for Crash Testing. The Results were said to be Quite Satisfactory. And they went ahead with the Project.
At first the PTV was produced with a wheelbase of 2000 mm, but later reduced to 1400 mm.
The PTV was a Three wheeled Hard top Two Seater Car. They used a Steering Wheel (Borrowed from the Standard Herald !!!!) to give better Stability to the Vehicle.
This Unique Car had a 150 Cc Engine of a Bajaj Scooter which was deemed quite powerfull to carry a small family.. The Car can Drive upto 80Kms Per Hour. In fact it was designed as a Point A to B transport for a Family. It can Carry 2 People and can carry 100 kg of dead weight in the boot.
Auto Start, Four Floor Gears were the characteristics of the PTV. In the early Tests, it Delivered 24-25 kms per Litre average, but after some modicications and installing a new filter manufactured by kirloskar Filters,
the same PTV was delivering 32 Kms per Litres average which was quite handsome and money saving. The PTV had a Price Tag of 25,000 Rs.
The PTV was also Showcased at the Delhi Automotive Fair and the curiosity it gathered made Bajaj Auto more confident of its Success. The R& D team of Five Engineers and two Sculptures and The Deputy Chief Engineer were the Brains Behind the PTV.
However the Project Died a Silent Death as the Brains behind the PTV got either left/ retired from Bajaj Auto or got spread across various departments. With time the whole project got scrapped. The Reasons no one knows. It is said that due to some implications Bajaj could not manufacture the PTV. The Bajaj’s People Car Project was Killed even before it was Born.