New Delhi: On Friday Bajaj Auto introduced what it conveyed was the cheapest motorcycle in the nation. Bajaj CT 100B is priced at Rs30,990 ex-showroom, Delhi. The CT 100B approaches with an enhanced version of CT100’s engine. The bike has round headlamp, wide seats and a great powder-coated rear grab rail. With its aggressive pricing of the CT 100B, the corporation is aiming to lure used-bike buyers. Eric Vas, president for motorcycles business at Bajaj Auto has also conveyed on release that, with the CT100B, purchaser can enjoy the pleasure of owning a new bike rather than compromise by searching for a second hand bike.
Bajaj’s CT 100, with sales of five lakh bikes as its open in last February, has been a volume generator for the corporation. The corporation claims that CT 100B has a mileage of 99.1 kilometre per litre. Bajaj gives a two-year warranty on CT 100B. Previous week, the company had launched a 150-cc commuter bike made from the scrap metal of India’s first aircraft carrier INS Vikrant. On Thursday shares of the corporation, which declares its December quarter results, closed Friday at Rs 2,361.10, up by 2.21%.