Bajaj-KTM 125cc bike to be shown at the 2010 Auto Expo
KTM, the Austrian motorcycle manufacturer in which the Pune-based Bajaj Auto upped its stake to 32% in March this year, has announced a 25% cut in production for 2009. As with most other motorcycle manufacturers, KTM is faced with declining sales and reduced profitability and hence the company is planning to scale back its production.
Compared with the 93,300 bikes it produced last year, KTM plans to only produce around 70,000 motorcycle this year. The company had recently laid off around 300 of its employees and now plans to run shorter production shifts, because of which another 700 of its employees may have to take pay cuts.
However, KTM continues to invest in R&D and, along with Bajaj Auto, is working on a 125cc street bike which it aims to unveil at the EICMA show in Italy, in November this year. This bike will also be shown at the 10th Auto Expo in Delhi in January 2010 and could go on sale in Europe and India simultaneously, during the first quarter of 2010.
KTM is also working on developing various other kind of vehicles that are aimed at sustainable mobility in the future. Among others, these vehicles include a battery-powered off-road bike and a small car, which could be similar in concept to the Tata Nano.
[Via: indiaautomotive]
Bajaj KTM to debut in India by May 2009
to roll out first of its KTM bike during the festive season this year. The new KTM bike from Bajaj will mark company's foray in the 750cc segment in India. The bikes will be launched as Completely Knock Down (CKD) units by the second half of the current fiscal.
Bajaj has 25 percent stakes in the Austrian bike maker, KTM. The company feels that the Indian market has now matured to absorb the super bikes in India. It is also planning to bring 250cc Kawasaki Ninja 250R to India which will be priced around Rs. 2.5 - 3 lakh.
Bajaj will also assembler 690cc SuperMoto and 690cc Duke at its Chakan plant in Pune. Bajaj Auto managing director Rajiv Bajaj, said, "Our Chakan plant is the most technologically advanced plant in the country. We have the ability to assemble most products at the Chakan plant."
[Via: cartradeindia]
Bajaj To Launch 2 New Bikes This Year
Bajaj Auto is planning to launch two new 125cc motorcycles in this quarter. With the festive season around the corner, Bajaj Auto is bullish about good sales figures this quarter and new models should provide the boost it needs.
One of the motorcycles expected to be launched during this quarter is the Bajaj XCD DTS-i Sprint. Showcased at the 2008 AutoExpo, XCD DTS-i Sprint is expected to be launched with a 4-valve 125cc 4st engine producing a respectable 12.5bhp. Second model would likely be positioned toward the bottom of the 125cc market in an attempt to entice more 100cc motorcycle owners to switch to the 125cc segment.
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