LML Launches new NV scooter!

Two wheeler company LML has launched its second geared scooter in the Indian 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.

http://www.motorbeam.com/bikes/lml/lml-launches-new-nv-scooter/

Is this how the new scooter looks? I fear its survival then.

Are the geared scooters really in demand now?

Yuck!
Don't know why LML is still living in older times now!
Even aged people nowadays ride a latest scooter, This will be unsuccessful i believe, LML has already stopped producing bikes and looks like now they will soon stop producing scooters too! :bball:


RoadRocket

why this old model again??

LML is back! LML has come up with a 150cc version of its popular scooter NV. According to LML, this 150 cc NV can deliver a fuel efficiency of 55 km/litre. LML NV 150cc is available in two variants - base and deluxe. The base version of lml NV 150 at Rs 39,897 and Rs 40,800 (ex-showroom Delhi). For the time sake, LML NV 150cc will be available only Delhi and Ghaziabad but LML is believed to its market in Uttar Pradesh, Bihar and Assam.
http://www.vicky.in/straightfrmtheheart/lml-launches-nv-150cc-scooter/

LML was sold mainly in Delhi and UP with that same old NV model, again same model with different spec dont know how much would that impact in market, but with honda taking out eterno from market, who knows this might turm out to be roller ride for LML.

Saw an advertisement of this sccoter in newspaper(Don't remember which).

RoadRocket

not again the same old grandpa's scooter.. generation as changed, i dont think this will survive