MotorBeam Daily News Roundup – 4th January
News highlights of the day include KTM, Hyundai, Bajaj and Lamborghini.
KTM – Prices for KTM and Husqvarna motorcycles have increased yet again after the recent hike on 4th December. Both the Husqvarna models are now Rs. 2800/- more expensive. The KTM bikes get a price hike in the range of Rs. 1400/- to Rs. 4400/-.
Hyundai – The South Korean carmaker has announced the commencement of export of made in India Hyundai i20. The first batch of 180 units will be exported to South Africa, Chile and Peru. Since the hatchback was first launched in 2007, Hyundai India has exported more than 5 lakh units of the i20 in the global markets.
Bajaj – The Indian 2-wheeler maker is now the world’s most valuable two-wheeler company. Bajaj Auto has become the world’s first two-wheeler company to cross market capitalisation of Rs. 1 lakh crore. The company is also celebrating 75th year of their operations.
Lamborghini – The Italian performance carmaker is expecting strong growth in 2021 in India. The biggest contributor to their sales in our country is the Lamborghini Urus. It has a waiting period of 8-9 months in India. The performance SUV will get new variants in our market this year to boost the sales.
Motor Trivia – Did you know, the monocoque chassis that underpins the 2020 Land Rover Defender is the stiffest chassis the carmaker has ever made.
Comment of the day – Gokul – “Well done Ford 👏. It’s a wise move considering the reduction of prices for 2021 model while the competitions increase them in the name of rise in input cost 🤔.”