Yamaha launches limited edition VMax superbike at Rs.20 lakh

The Japanese two wheeler major also launched limited edition of its Fazer and SZ Series models ahead of the upcoming festive season.
"We are expecting almost three times the sales in the two months of the festive season (starting October)," said Yamaha chief executive and managing director Yuki Mine Tsuji.

"We are targeting selling 2.5 lakh units in India by this year," Tsuji told reporters. The company is also aiming at garnering a 10 percent market share by 2012.

"I am hopeful that these bikes will get the same kind of enthusiastic response as our recently-launched other products got. The company has registered a year-on-year growth of 80 per cent during the month of January to August and we expect the coming months to be also fruitful," India Yamaha Motor Managing Director and CEO Yuki Mine Tsuji told reporters here.

The company is also looking for 30 per cent share in the deluxe and premium bike segment.