Bajaj to exit 100 cc ,Jan vehicle sales up 13 pct

Bajaj Auto Ltd., India's second-biggest motorcycle maker, said on Thursday it would exit low-margin 100cc motorbikes and launch a new motorbike platform that would help boost profitability. "With increasingly strong sales of Discover (125cc) and Pulsar DTS-i (150-180cc) platform products, only 45 percent of Bajaj motorcycle sales come from the relatively lower margin 100cc segment," Managing Director Rajiv Bajaj said. Product design and specifications for the new platform that will be launched in the second quarter of the fiscal year to March...

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Kinetic plans three new scooter launches this year

The Pune-based Kinetic Motor Co (KMCL) has lined up three launches this year with the first one hitting the market as early as April.The first one to be rolled out will be the Euro brand of scooterrete, designed and developed by Italy-based Italjet. Euro is one of the seven models that the Kinetic group had bought from Italjet in 2004.The Euro, powered by a 125-135 cc engine, will be priced higher than Honda Activa, Bajaj Wave and Hero Honda Pleasure,...

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