Bajaj Auto launches RE600 cargo vehicle

Bajaj Auto Ltd. (BAL), the world’s largest manufacturer of three-wheelers, has launched the RE600 cargo vehicle designed by its R&D; team to deliver the highest mileage and lowest operating costs in the commercial three-wheeler category.

The RE600 offers the best-in-class mileage which is at least 5 km per litre of diesel more than other vehicles. It has a robust, solid construction and comes at an attractive price point which makes for the lowest cost of ownership.

The vehicle is specially conceived and developed for cargo movement in congested cities and towns. It has the lowest turning radius for high manoeuvrability even on narrow roads, twin front suspension and a spacious cabin for comfortable long drive, high torque for quick pick-up even with heavy loads and has ease of frequent and quick start-stop cycles, making it the best suited vehicle for in-city operations. It is thus a new category in the small commercial vehicle segment, and is priced at Rs. 1,03,686, ex-showroom Pune.

Mr. R.C. Maheshwari, CEO, Commercial Vehicles, Bajaj Auto Ltd., said: “With the launch of this vehicle, we are meeting the needs of those customers with payloads upto 600 kg but are not willing to pay high operating and fixed costs. The RE 600 would not only match but exceed the needs of those customers who rely on in-city transportation as a major need for their last leg distribution to retailers and end users. As the vehicle is attractively priced, it also has the ability to create self employment opportunities. We are confident that with this vehicle there is going to be realignment of categories in the small commercial vehicle segment.”

Bajaj Auto vehicles have always been known for their better fuel efficiency, reliability and durability. Its R&D; has developed some of the most efficient drivelines in the world with pioneering technological breakthroughs. This has resulted in the Bajaj RE three-wheelers command the respect of 36 lakh customers in India, he added.

The RE 600 is being launched phasewise across the country from September onwards.

Record company performance

It was a quarter of records for Bajaj Auto. The second quarter of the current year witnessed the highest-ever turnover of Rs. 2,909 crores, exports of 224,334 vehicles, operating profit of Rs. 603 crores and the record high net profit of Rs. 403 crores.

Profit earned for the quarter exceeded that during the first half of 2008-09, and profit earned for the half exceeded that earned during the full year.