Suzuki sells 100 units of Rs 12.5 lakh bikes

Agencies

Posted: Friday, Jul 10, 2009 at 1547 hrs IST
Updated: Friday, Jul 10, 2009 at 1547 hrs IST


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New Delhi: At a time when over two lakh people queue up to own a car for just over Rs 1 lakh, Japanese two-wheeler maker Suzuki has managed to sell around 100 units of two of its super bikes in India for prices as high as Rs 12.5 lakh each.

The company is now planning to sell at least another 100 units of its two iconic super bikes -- Hayabusa and Intruder -- by the end of this fiscal.

"We have sold around 100 units of Hayabusa and Intruder in India since their launch in November, 2008. Our aim would be to sell another 100 units this fiscal," Suzuki Motorcycle India Pvt Ltd (SMIPL) Vice President (Sales & Marketing) Atul Gupta said in New Delhi.

While Hayabusa is powered by a 1,340cc engine, Intruder is a 1,783cc bike. In contrast, Tata's Rs 1 lakh car Nano, for which 2.06 lakh people had made bookings, has a 623cc petrol engine.

SMIPL has reported a 33.42 per cent rise in its sales in June at 12,335 units compared with 9,245 units in the same month last year.

Gupta said the growth was mostly driven by its latest offering -- GS150R -- which was launched three months back.

"In the first three months, we have sold 14,000 units of the GS150R. Our target is to sell at least 50,000 units of the bike by March 2010," he said, adding that the company expects to maintain a 30-35 per cent growth on year-on-year basis.

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