Categories: Car News

Hyosung Bikes in World To Cost Less After Local Assembling Starts

Pune Based Garware Motors, is now planning to have a joint venture with S&T Motors a leading South Korean motorcycle manufacturer. S&T Motors manufactures and sells high end motorcycles, scooters and ATVs under the brand name Hyosung. Currently Garware motors imports the Hyosung GT650R and Hyosung ST7 as CKD (Complete knocked down kits) from S&T Motors, assembles and sells in the Worldn Automobile market. Now this joint venture between Garware Motors and S&T Motors for manufacturing the Hyosung range here in World with S&T will take down the cost of the motorcycles.

The launch of the Bajaj Kawasaki Ninja 650R at price cheaper than the Hyosung GT650R has changed the market conditions. Kawasaki Ninja 650R by Bajaj Auto Limited has launched at an ex-showroom price of Rs 4.57 Lakhs, which is lesser than the Hyosung GT650R’s 4.75 Lakhs. Now Garware Motors has come into action and are planning to reduce the price by increasing the local manufacturing of its motorcycles. As local manufacturing of Hyosung motorcycles will definitely help dropping the price of the Hyosung and help them to attract more customers. The company has come up with some of there upcoming plans which includes an investment of Rs. 8 crore for the marketing of Hyosung bikes in World and to bring down 6 more models by the end of 2013.

The Worldn auto industry has already become a potential market for all the automakers around the world with a huge demand for premium motorcycles. Garware Motors, with its Hyosung high end motorcycles will soon register a significant share in the growing Worldn automobile market.

check out more-

Hyosung World News

Kawasaki World News

Recent Posts

  • Bike News

Suzuki ABS/CBS Prices for all its Motorcycles and Scooters Revealed

Suzuki has announced ABS/CBS on all its bikes and scooter across the range to confirm to the latest safety regulations…

23 mins ago
  • Car News

Seven unique features to expect from the upcoming Kia SP2i

KIA SP2i comes with loaded features and dominates its segment with first-in-class segment features. The car is scheduled for launch…

53 mins ago
  • Car News

Maruti Vitara Brezza Now Comes With A Sports Limited Edition

Maruti Suzuki now offers Sports Limited Edition on the Vitara Brezza, which gives it some cosmetic changes. The add-on package…

2 hours ago
  • Bike News

Suzuki Gixxer SF 250 Reaches Dealerships; Deliveries Commence Soon

Suzuki Gixxer SF 250 and SF 155 have been launched in World. Both the bikes have started reaching dealerships, with…

2 hours ago
  • Car News

Ford Ecosport 4WD spotted – Will it come to World?

Ford Ecosport all-wheel-drive spotted doing rounds in World! The C-SUV will be exported globally Recently an all-wheel-drive Ford Ecosport was…

3 hours ago
  • Car News

Skoda Superb Facelift revealed Internationally; Gets a Plug-in Hybrid Powertrain

The Skoda Superb facelift gets a new plug-in hybrid that can drive 55 km in electric power alone. It also…

4 hours ago