Bajaj Auto, KTM To Roll Out Husqvarna Motorcycles In 2018 Globally
Increase of KTM and Husqvarna branded motorcycles, produced in India, from expected 100,000 in 2017 to over 200,000 units in the next years
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Indian two-wheeler manufacturer Bajaj Auto and Austria based KTM has announced, global roll out of Husqvarna motorcycles in 2018, in an official statement released on Monday (3 July).
Stefan Pierer, CEO of KTM and Rajiv Bajaj, Managing Director of Bajaj Auto Ltd., decided on the strategy to take Husqvarna Motorcycles brand global and scale up the business multiple times. The first models, Vitpilen 401, Svartpilen 401 and Vitpilen 701 will be produced in Mattighofen, Austria, and launched in early 2018.
Later in 2018, the Vitpilen 401 and Svartpilen 401 production for the global markets will be transferred to Bajaj’s Chakan factory.
Bajaj Auto aims to sell Husqvarna motorcycles at a similar level as KTM products in India and Indonesia.
The Chakan produced “Joint Products” volume for the global market, which is planned to exceed 100,000 units in 2017, is expected to double to 200,000 units sold in the next years.
The companies are also celebrating the 10th anniversary of their partnership this year.
The product lines DUKE 125 – 390 and RC 125 – 390 are produced in Bajaj Auto's production facility in Chakan/India and are distributed by the two partners globally.
Bajaj Auto has also announced its monthly sales figures for June 2017. The company has registered 23 percent decline in total sales and stood at 244,878 units during June 2017.