New bike from Bajaj in four months time
Bajaj India is going to launch a new bike in next four months. The new bike would be Bajaj's attempt to put some speed breakers in the path of the Splendor and Passion motorcycles from Hero Honda, which rule the roost.
Bajaj has a meager 9% market share in the 100cc segment while its rival Hero Honda has 80%. It had launched the Discover 100cc motorcycle last month to give it some hope of moving ahead and not losing more to HH. The 100cc segment contributes to one-third of the total motorcycle market in India.
Hero Honda's 100cc models are CD Dawn, CD Deluxe, Splendour, and Passion while Bajaj has just the Discover and Platina. Naturally, progress will happen only if Bajaj fattens its line-up. With the new launches, Bajaj hopes to inch towards its previous overall 2-wheeler market share of 36%, which now has slipped to 21%.
[Via: IAB)
Bajaj may launch XCD Sprint by March/April!!
Few days after launching the XCD 135cc, Bajaj has again said the XCD sprint will come soon. Hope the following the come true soon. "The Yamaha FZ16 and the Honda Stunner are products that we should have watched out for.
We will shortly launch the Sprint that will compete against the 125cc Stunner. We have to arrest the headway made by competition in these segments. It's just a matter of time. We have the products to plug the gaps," S Sridhar, CEO, Bajaj Auto said on December 25th.
[Via: Vicky]
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