Launch of Bajaj’s LCV postponed for the third time

It will take another one year in launching of Bajaj Auto ultra light commercial vehicle. It is the third time postponement so far. Source said that due to delay in its engineering and design the launch is delayed. On the other hand company officials denied the news saying the project was on schedule. According to reliable sources now the company expected to launch the LCVs by the end of 2010. The launch was rescheduled in 2008, 2009 and now 2010. Head of commercial vehicle at Bajaj Auto said, “The project is on schedule. We have one of the best R&D centers in the country and all the capabilities necessary for various segments.”