Bajaj V’s platform could spawn new models – Report
Posted on: Mar 15, 2016 - 7:19pm IST
Depends on the success of the V15.
Rajiv Bajaj, Managing Director of Bajaj Auto has told Business Standard “We always say we design platform(s). So every platform is capable of more than one product but for now there is only one product.” The publication reports that the success of the Bajaj V will influence the development of future variants on its platform.
The Bajaj V is priced at INR 62,000 (ex-showroom, Delhi) which falls in the price range of 125 cc motorcycles in India. This makes the V one of the most affordable 150 cc motorcycles in the country alongside the Bajaj Discover 150. The company has two more 150 cc offerings namely the Pulsar 150 and the Avenger 150 Street. The V is positioned above the Discover as a ‘high power commuter bike’. Any future variant of the Bajaj V is said to carry the styling cues of this first model just like the case of the Discover, Pulsar and Avenger variants.
Bajaj Auto expects to sell 50,000 units of the V in the country over a period of 12-18 months. Over 3,000 units of the motorcycle have already been booked and the deliveries will commence in the following weeks. The company does not have an immediate plan to export the model.
Indirect Rivals: Yamaha SZ-RR V2.0, Honda Unicorn 150, Hero Hunk
Reported Price: INR 62,000 (ex-showroom, Delhi)
Expected Release Date: Following weeks
Bajaj V – Image Gallery
[Source: Business Standard]