BUSINESS

Yamaha launches sports bike at Rs 10.5 lakh

Source:PTI
December 04, 2007 13:07 IST
Japanese bike maker Yamaha on Tuesday launched two sport motorcycles, MT 01 and YZS R1 priced at Rs 10.5 lakh each (showroom price).

The company which had been struggling to woo Indian customers wants to re-establish itself with the launch of these two bikes.

"The launch projects our future in India and how our future business looks like in India. We want to re-establish ourselves as a company which delivers high quality and high performance product," Yamaha Motor India CEO and MD Tomotaka Ishikawa said.

Both 998cc powered YZS R1 and 1680cc powered MT 01 would be brought in India as completely built unit.

The company would initially retail these sport bikes from its five dealers in four cities namely Delhi, Bangalore, Chennai and Ahmedabad.

Source: PTI
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