Nearly nine months after introducing its new brand, V, with the 150cc-engined V15, manufacturer Bajaj Auto today has confirmed the introduction of 'V12', a 125cc variant of the commuter motorcycle. The rollout of the new bike started today. The V12 is priced at Rs 56,200 (ex-showroom, Delhi), and that makes it Rs 6,000 lesser than the V15's price.
Eric Vas, president (Motorcycle Business), Bajaj Auto says that the new introduction is part of the company's strategy to build 'V' as a family of motorcycles. The V15, launched on February 1, 2016, has sold 2 lakh units until now. Bajaj Auto claims that in seven states of India, it enjoys either the leading or second position in the executive motorcycle segment.