Bajaj Auto and KTM power Sport AG have announced wide-ranging Co-operation
Involving the development of engine and vehicle platform. As part of the co-operation, the
KTM group provides the know how for the joint development of high efficient water cooled
4 stroke engine (125cc and 250cc), which provide KTM the basis for street motorcycle in the
new street entry segment. The joint development will also be available as basis for Bajaj
products. Through the co-operation with Bajaj , KTM extends its product portfolio for the
future with a 125cc street product line. In addition to the present 1190cc,990cc and 690cc
platforms developed and manufactured in Austria.
With the introduction of the new EU driving license, which allows riding of 125cc
Motorcycles with a car driving license in all EU member states. KTM will be in a position
to offer innovative premium entry models in the street segment.
The sourcing for the production and the assembling of these new models in the street
entry segment will happen in India and should help the KTM Group to developed a natural
hedging potential for its USD exposure in the future. The co-operation also involve Bajaj
taking over the distribution of KTM Products in India and other countries in south Lasten
Asia,. The Co-operation thus open up the gates to Asian region for KTM.
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| Posted : 2/27/2008 |
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