By IANS,
New Delhi : India’s second largest two-wheeler manufacturer Bajaj Motors Tuesday launched a new variant of its popular bike Pulsar, priced at Rs.70,000 (ex-showroom Delhi).
“We have been continuously evolving our Pulsar range to provide our customers state-of-the-art product with unmatched performance and technology,” Bajaj Auto chief executive (two-wheelers) S. Sridhar told reporters here.
“The new edition of Pulsar-220 has further raised the bar in the performance segment by becoming India’s fastest bike,” he added.
The premium segment bike was first launched in 2001 with a 150cc engine.
The bike, which the company claims is the fastest two-wheeler in the Indian market, comes without a fuel injection-based system earlier equipped in a 220cc variant of the same model.
Bajaj currently sells 150cc, 180cc and 200cc variants in the Pulsar line-up.
The company expects to boost its market share with new launches this fiscal. Managing director Rajiv Bajaj said the auto-major was eying to sell 175,000-200,000 units every month beginning the second half of the current fiscal.
Bajaj sold 165,697 two-wheelers last month, down 8.4 percent as compared to May 2008.
For 2008-09, the company’s sales slipped 11.18 percent to 1,919,582 units as against 2,161,095 units in 2007-08.