Click to play videoNew Delhi: The iconic Bajaj scooter will soon be history with the company deciding to stop its production to focus exclusively on the motorcycle market.
The two-wheeler giant will exit the scooter segment by the end of 2009-10 financial year, Managing Director Rajiv Bajaj said in New Delhi on Wednesday.
According to Rajiv Bajaj the company is aiming to become a "motorcycle specialist" and cannot make scooters. He made the announcement
and launching a new motorcycle - Pulsar 135 LS.
The company currently produces three million motorcycles per annum as against just about 12,000 scooters per year, most of which is exported
''The scooters did not sell according to our expectations...Now our focus is on motorcycles,'' he said.
The company, at present, sells just one scooter that is the 100-cc gearless Crystal.
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