cyclone2k

Something good for scooter lovers...
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NEW DELHI: The beleaguered two wheeler company LML has launched its second geared scooter in the domestic market, on the back of a revival of

demand in domestic scooter market. LML has introduced a 4-stroke version of its NV brand of scooters in select market of Delhi and Ghaziabad.

Available in two variants, LML claims the 150 cc scooter delivers a fuel efficiency of 55 km/litre. It is available at an ex-showroom price of Rs 39,897 for the base version and Rs 40,800 for the deluxe variant in Delhi.

Kanpur-based LML re-entered the domestic market with its Vespa brand of geared scooters in April 2007 after an 18-month hiatus when it had to stop production due to fund crunch and labour problems.

LML currently has a limited presence in the domestic market and sells 1,500 units of its two-stroke scooter under the Vespa brand in Delhi, parts of Punjab and Haryana, every month. Operating under the Board for Industrial and Financial Reconstruction (BIFR), it is looking to expand its market to Uttar Pradesh, Bihar and Assam.

Bulk of its total production of 5,000 units per month are exported to Italy, UK, France, Nigeria, Sudan, Japan, Australia, South Korea and Egypt, under the Stella brand. LML has an installed capacity of 300,000 scooters and 240,000 motorcycles. The company has totally stopped motorcycle production.

The scooter market grew 9% to 11.45 lakh units last fiscal outperforming the two wheeler market which posted a marginally lower growth of 2.6% in the same period.

Source -
LML launches new version of NV brand scooter- Two-wheelers-Auto-News By Industry-News-The Economic Times

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HONDA fans, unite here!

Aryan

News Approved.

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46wannabe

LML is still alive? Now that's the biking spirit. All the best to them.
Any scooter fans out here?

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satyenpoojary

Wasnt another auto major supposed to buy out LML! I thought they declared themselves sick and all!
This is good stuff.... give me a retro styled 220 CC scoot and I will ride it in all glory! h a ha

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insanebiker

Riaz will be the happiest person to hear this news

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satyenpoojary

You havent heard of our very own wheelieboy have you

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Super CommuTOURer™ - Talk less, Ride more

.: Facebook :.|.: iTweet :.|*Do Not Click!*|I follow PowerToTheRider:.

#Give thy opinion, write em, dont throw em
#Everyone errs, accept it, defending/cribbing about it only makes it worse
#Dont defend a manufacturer as if you work for them
#Write. Think. If relevant hit submit. If not hit yourself
#Be kind in your choice of words, you never know who would make you gulp em
™ Satyen Poojary

insanebiker

Gotcha satyen

xBhp.com : The Global Indian Biking Community - View Profile: wheelieboy

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veryhiphop

Good news for the scooter owners...recently seen the newspaper ad for this scooter.

payeng

HMSI pulls the plug of India's only 4 stroke, geared scooter due (Eterno) to low sales.. LML springs back to life. Makes sense.

Couple of years back its 100 cc bike, the Freedom had almost done the trick for LML in terms of sales. Just that its 125 cc (Freedom Prima) and 150 cc models (Graptor, Beamer) never managed to recreate the Freedom magic. Personally, I liked the Comet like EST (Extruded Steel Frame) Frame on the Graptor, Beamers.

Wishing LML comes back strongly again. We need more desi bike makers.

riazmomin

I am already thinking of getting this one....I wish it has electric start
My dad wud be happiest person along with me to see LML back

Rightly Said, Freedom was the right bike at that time..But may be due to bad service support ...things dint went well for LML. Even their other bikes were top notch when compared to their counter parts at that time. Energy, Adreno, Beamer, Graptop etc etc...all were good bikes.

All the best LML...Love to see them back.

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