Harley Davidson, Hero MotoCorp and Bajaj Auto showcased premium two-wheelers. Harley Davidson launched Street 750 at Rs 4.10 lakh, while Hero and Bajaj displayed concept bikes, the former a 375cc Pulsar and the latter a 620cc Hastur.
Annop Prakash, managing director at Harley Davidson India, expects a huge traction in sales with the launch of the Street 750. “Not only is the Street 750 price aggressive, the value we offer to our bike buyers is unmatchable. Plus, we also offer financing facilities with two leading private banks,” Prakash said, adding around half Harley Davidson’s buyers get the bike financed.
Prakash said the increase in the number of competitors would increase the size of the market. Siddhartha Lal, CEO of Enfield India, agreed: “It will ensure much more excitement in the segment.”
Country's largest two-wheeler maker Hero MotoCorp unveiled two new 100cc bikes – Splendor Pro Classic and Passion TR – which will hit the Indian markets in next two months.
Besides, the company also showcased a 620 cc super premium motorbike 'Hastur' and two concept bikes 'SimplEcity' and 'iON'.
"The two bikes (Splendor and Passion) are ready to be launched commercially. Hastur, which will mark our foray into the superbike segment, needs more research before launch," Hero MotoCorp Managing Director and CEO Pawan Munjal told reporters at the Auto Expo.
Aiming to double its market share in the country, Japanese two-wheeler maker Suzuki Motor Corporation unveiled four new products, including about Rs 15-lakh V Strom 1000 bike and a 110 cc scooter 'Let's'.
At the 12th auto expo, the company also launched 250 cc Inazuma and 155 cc Gixxer, its flagship model for the Indian market.
While the scooter would be launched in April, Gixxer will hit Indian roads in July or August, Suzuki Motor Corporation India vice president Atul Gupta said.
However, V-Storm (priced at Rs 14.95 lakh) and Inazuma with a sticker price of Rs 3 lakh will be available in the market with the launch today, he said.
Awaiting a formal notification on quadricycle, Pune-based Bajaj Auto said it is ready to roll out its RE60 model once it gets a go ahead from the government.