Tuesday, March 11, 2014

Bajaj Auto to launch four-wheel vehicle but it's not a car



Weight, top speed and other specifications,Lululemon Women's Pants including safety standards, mean the RE60 will not be classified as a car.Nike Air Max But that didn't stop executives from India's top automakers such as Tata Motors from"paring it to a car and finding its safety features"e up short.Rajiv Bajaj, the"pany's managing director, insists the RE60 is neither a car nor an autorickshaw. The government is even creating a new classification category for the vehicle, which is expected to be launched within months."In every market that a three-wheeler is available the quadricycle should be relevant," Bajaj told Reuters in a phone interview."Because at the end of the day it provides a very logical upgrade from a three-wheeler for people who want to pay a little more and want to have the"fort and safety of four wheels, four doors,canada goose jacket women a roof and seatbelts,Isuzu Auto Parts" he said. 

In India, autorickshaws typically have no doors and a soft roof. The vehicles are usually turned into taxis and known in many countries as tuk-tuks.The RE60 is part of a long-term expansion strategy by Bajaj to boost sales growth at home and abroad.The"pany is the world's largest autorickshaw maker and India's second largest motorcycle maker, and sales of both these vehicles have decelerated over the last two years, hit by falling demand in a slowing Indian economy.Bajaj's three-wheeler sales fell 6 percent in the 2012/13 financial year"pared to a 17 percent increase in the previous year and a 28 percent rise in 2010/11. 

Motorcycle sales also showed a similar trend: they fell 2 percent in 2012/13"pared to a 13.2 percent gain in 2011/12 and a 35 percent increase a year earlier.Wholesale Lingerie Sexy LingerieExports of motorbikes and autorickshaws account for more than a third of Bajaj's sales. The"pany counts Mahindra and Mahindra Ltd, TVS Motor Company Ltd and Italy's Piaggio as"petitors in the three-wheeler segment.SAFER, BUT NOT CHEAPERThe RE60 weighs 400 kilograms , about 100 kg more than Bajaj's smallest autorickshaw and half as much as a small hatchback. The engine, which can run on gasoline or"pressed natural gas, goes up to 70 kilometres per hour.

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