
Bajaj Auto Ltd, India's second-biggest motorcycle maker, said it would launch four new 125 cc bikes in the fiscal year starting April, as it seeks to maintain profitability in a tough market. Bajaj, which trails the leader Hero Honda, said 125cc bikes had grown to account for 36% of the market by sales, and had a higher share of its profitability. "In view of this unmistakable consumer trend in favor of 125cc motorcycles Bajaj has...