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LML launches new version of NV brand scooter

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  • #1

    LML launches new version of NV brand scooter

    Something good for scooter lovers...
    ------
    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
    sigpic
    HONDA fans, unite here!
    Originally posted by cyclone2k
    A BiKER is only as good as the BiKE. You take care of the BiKE, the BiKE will take care of you.
    Tags: None
  • #2
    News Approved.
    :)

    Comment

    • #3
      LML is still alive? Now that's the biking spirit. All the best to them.
      Any scooter fans out here?
      10 Commandments:
      1)Thank thy God for being alive.
      2)Thou shalt respect one's own life and the live's of other road users.
      3)Thou shalt respect one's own bike.
      4)Love thy bike as thy self.
      5)Always wear safety gear.
      6)Alcohol is a strict NO!
      7)Thou may lust after thy neighbour's bike specially if its of the R1 kind!
      8)Thou shalt ride with 'ultra-most' care and caution when on Indian roads.
      9)Thou shalt never leave the engine running at long traffic halts.
      10)Thou shalt follow all of the above.

      Comment

      • #4
        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
        Super CommuTOURer� - Talk less, Ride more

        .: FB :.|.: TW :.|*IG*| Ex         PowerDrift:.

        #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

        Comment

        • #5
          Riaz will be the happiest person to hear this news
          When everything comes ur way, u r in the wrong way ;)

          Comment

          • #6
            Originally posted by insanebiker View Post
            Riaz will be the happiest person to hear this news
            You havent heard of our very own wheelieboy have you
            Super CommuTOURer� - Talk less, Ride more

            .: FB :.|.: TW :.|*IG*| Ex             PowerDrift:.

            #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

            Comment

            • #7
              Originally posted by satyenpoojary View Post
              You havent heard of our very own wheelieboy have you
              Gotcha satyen

              xBhp.com : The Global Indian Biking Community - View Profile: wheelieboy
              When everything comes ur way, u r in the wrong way ;)

              Comment

              • #8
                Good news for the scooter owners...recently seen the newspaper ad for this scooter.

                Comment

                • #9
                  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.



                  Comment

                  • #10
                    Originally posted by insanebiker View Post
                    Riaz will be the happiest person to hear this news
                    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

                    Originally posted by payeng View Post
                    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.
                    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.
                    2007 - Hero Honda CBZ Xtreme
                    2008 - Yamaha YZF R15
                    2009 - Hero Honda CBZ Xtreme
                    2013 - KTM 390 Duke
                    2017 - Yamaha FZ25

                    Comment

                    • #11
                      LML back from the dead! I hope we can expect some nice bikes in the near future.
                      Your biking tells a lot about the person you are!

                      Comment

                      • #12
                        Originally posted by cyclone2k View Post
                        Something good for scooter lovers...
                        ------
                        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
                        Who bothers weather launch a new version of Vespa or Beamer both are useless product in current scenario who will buy a LML Vespa in front of Honda Activa or Avaitor.

                        Comment

                        • #13
                          Rajasthan Royals : i believe there is still a small market for these geared bikes. LML is selling them, though in small quantities. However, LML is also exporting the scooters to various countries (which is profitable). When they have the scooters, whats the harm in selling them in the domestic market?

                          My 2 cents!
                          All new Royal Enfield 'Tripping' ads here -->www.bhp-india.blogspot.com

                          Comment

                          • #14
                            Originally posted by rajasthan_royals View Post
                            Who bothers weather launch a new version of Vespa or Beamer both are useless product in current scenario who will buy a LML Vespa in front of Honda Activa or Avaitor.
                            I will buy....
                            2007 - Hero Honda CBZ Xtreme
                            2008 - Yamaha YZF R15
                            2009 - Hero Honda CBZ Xtreme
                            2013 - KTM 390 Duke
                            2017 - Yamaha FZ25

                            Comment

                            • #15
                              Originally posted by rajasthan_royals View Post
                              Who bothers weather launch a new version of Vespa or Beamer both are useless product in current scenario who will buy a LML Vespa in front of Honda Activa or Avaitor.
                              Even i will buy a NV spl and wheelie all the rather than buying a gearless 2 wheeler, what is wrong with you Mr. Rajasthan Royal, its a good thing that LML is coming back into the scene, consumers are going to have more choice when it comes to scooters, after riding geared chetaks and vespas, i simply cant ride gearless scooters

                              Comment

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