Using its in-production 200 cc and 400 cc engines, Bajaj will likely try to bring down the cost of production of the V models to avail them at an unbelievable price.

The success of the Bajaj V15 came as a confident booster to Bajaj that they are now confident of creating a brand value in the segment. So, Rajiv Bajaj, Managing Director, Bajaj Auto, says that he will launch the second model of the V range of motorcycles in November this year, while the third model will be phased around May or June 2017.

Meanwhile, Bajaj Auto does not also want to confuse its clientele with a premature release. The V15 should also take some three more months to consolidate its place in the market, while the feedback has been quite positive, in its first three months.

Bajaj positioned the V15 at around Rs. 62,000, which is a little higher than the top-spec Glamour and Shine disc brake variants, priced around Rs. 59,000. The Indian motorcycle-maker also hopes to get close to the segment-price range with the newer V model motorcycles.

The current and the new “V” models will take on the Hero Splendor, Super Splendor, Passion, Glamour and Honda Shine, even while Bajaj is fully aware of the kind of competition the Hero and the Honda would pose. The Indian motorcycle-maker is also confident that the V range of motorcycles will turn changers with an incomparable volume promise.

 

Story credit: Vicky.in