Shown | Bike RPM

27Apr/090

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]

Tagged as: 10th, 2010, at, auto, Bajaj, be, debut, delhi, expo, in, india, ktm, launch, model, new, shown, soon, the, to No Comments

29Jan/090

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]