Bajaj Auto’s Rajiv Bajaj said that a new 125cc bike costing between Rs 20,000 and Rs 24,000, will be available soon. Production of this 125 cc motorcycle has started in an assembly plant in China. Sources say, Hero Honda is also working on a similar motorcycle that would cost between Rs 17,000 and Rs 20,000.
Hero Honda is all geared up to launch no less than 7 two-wheelers this festive season (including a New CBZ variant). The only other bike manufacturer with such ambitions is Yamaha, which has a launch pipeline already working in full throttle! Instead of an official launch, the new bikes will be showcased at the company’s dealers. Hero Honda says that the bike sales are shifting back to economy bikes rather [ Read More ]
