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In a bid to arrest plunging motorcycle sales, Bajaj Auto is looking to launch six models during this year under the ‘value for money’ segment. Also in the offing are a bunch of new gearless scooters to cash in on the sole two-wheeler segment that is doing well. While the details of six upcoming economy models are not known, a company official indicated these new mobikes would be priced at roughly Rs 40,000 each.

Bajaj Auto has recently launched an economy version of its high-end motorcycle Pulsar, christened XCD-135 . “The idea is to offer a value for money bike with nearly the same specifications as the Pulsar,” said Bajaj Auto regional manager SK Bajpai. The XCD-135 has been priced at about Rs 45,000 ex-showroom , while the Pulsar costs about Rs 60,000 exshowroom , said Mr Bajpai.

“Pulsar may not be affordable to the middle class as it is placed in the niche segment among Bajaj Auto’s range of motorcycles . The strategy behind launching the XCD-135 is to offer a bike with similar specifications like the Pulsar that is more affordable . In the immediate term, plans are there to launch new motorcycles in April and July,” he said. At present, Bajaj Auto only has a single scooter model, Kristal DTSi. The company is also experimenting with alternative fuels and has launched LPG mobike that is doing well in Gujarat.

Source: Pricewale.com

World’s largest carmaker, Toyota, may manufacture its globally popular sedan, Camry, in India, said deputy managing director of Toyota’s Indian subsidiary.

This would allow the Japanese carmaker to escape the huge import duty on imported cars and may bring down price of Camry by as much as 20-25% or Rs 4-5 lakh, if the company passes on the entire benefit to the consumer.
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As global automotive emission norms move to a fuel neutral status, where emissions are at the same low-level whatever the fuel, the debate
over cleaner fuels appears to be over.

Regulations for emission levels are already the same for CNG and diesel under Euro-IV, a standard which the Bharat Stage-IV norms expect to meet. The BS-IV come into force next year, said Society of Indian Automobile Manufacturers (Siam) president Pawan Goenka.

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Japanese car giant Toyota today launched an advanced version of its multi-purpose vehicle Innova in India, offered at an introductory price between 7.66 lakh and Rs 11.06 lakh (ex-showroom, Delhi).

“We are focused on constantly upgrading our products based on customer feedback. The new Innova with its additional features will attract customers from both the MTV and Sedan segments,” Toyota Kirloskar Motor (TKM) Deputy Managing Director (Marketing) Sandeep Singh told reporters here.

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