Hyosung superbikes for Rs 4.75-5.69 lakh

South Korean two-wheeler manufacturer S&T Motors launched its two Hyosung branded premium bikes in S&T Motors introduced its sports bike GT650R, powered by a 650cc engine, in two options for Rs4.75 lakh and Rs 4.90 lakh. It has also rolled out a 700cc cruise bike - ST7 - for Rs.5.69 lakh.

S&T has signed an agreement with Pune-based  Garware Motors for their Indian ventures. Garware Motors is supposed to invest Rs. 20 crore to set up their assembly facility at Wai in Maharashtra. Their aim is to prduce 8-10 bikes every day on a single shift.

                                                            Hyosung superbikes
S&T Motors President and CEO Taekwon Kim told at the launch event in Delhi, "India is really moving in the right direction and so we are here. It is the right time and right place for us."

In association with Garware Motors, S&T supposed to assemble the two Hyosung products at the newly built assembly facility at Wai.

Hyosung brand  entered India in 2004 under its original management. However after S&T group take over Hyosung motors division brand in 2007, Hyosung  has a new management. But they are keeping the brand name ‘Hyosung’ intact.

BMW Kicks up a Race in Indian Motocycle Market

BMW, a German engine manufacturing company, is one of the best in the world. BMW is known for its performance-oriented luxury cars. BMW is also a leading company in premium car sales worldwide.

BMW entered in the Indian domestic two wheeler market in January this year. BMW Motorrad, the two-wheeler brand of Bayerische Motoren Werke AG, opened its premium outlets in Mumbai & Delhi for sale of its motor cycles and aims to sell 50 two wheelers by end of 2011. BMW is also planning to introduce a 1000 cc motorcycle.

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This German auto giant has introduced six of its bikes, viz. R1200R, S1000RR, R1200GS, K1300, K1600GTL and HP2, so far in India.

Currently BMW superbikes are being imported into India by two authorized dealers, Deutsche Motoren and Navnit Motors.

In an interview with PTI, Mr. Sharad Kachalia, Managing Director of Navnit Motors, said: "We have already sold 23 bikes so far and our target is to sell 50 bikes by December 2011." "All our models have a good demand...but our two models - S1000 RR and R1200 GS - are witnessing a greater demand. We have six models and all bikes are above 1,000 cc and in the price range Rs 18-25-lakh,".added Mr.Kachalia.