Yamaha is all set to break records by launching world's cheapest motorcycle priced at $500(Rs.27,590). Looking at producing the cheapest motorcycle ever, the Japanese motor giant focuses in the entry level alike the other Japanese manufacturers Suzuki and Honda. As the petrol price shows no limit in pricing, a cheap bike which runs under less fuel consumption has become a must choice among Indian bikers. And this led Yamaha to think about such production.
"Our product benchmark right now (on cost) is the YBR 110 and Crux, but we would like to develop a bike in the low-cost segment for markets like Africa. The target is to make a bike that will cost $500. I think such a bike will have a lot of demand in Africa as well as in India" said Hiroyuki Suzuki, MD and CEO, Yamaha India.
No doubt, the reputed motorcycle brand's new machine will be a hit in the Indian market. Being Crux 110cc is the current cheapest Yamaha bike priced at Rs.38,365, Hero Motocorp's CD Dawn is the cheapest Indian motorcycle priced at Rs.36,300.
Meanwhile Hero Motocorp also started its work in producing a new entry level bike which will be priced below Rs.30,000 has become a big headache for Yamaha. So the automobile industry will witness a tight competition between Yamaha and Hero in the coming days.
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