LML who had to stop production due to fund crunch and labour problems back in 2006, went back in domestic market in April 2007. Since then the LML is not very much in news. After all 18 months of closure had an serious impact on company's reputation and working. After April 2007, they have made their second launch ie. new NV 4 stroke 150 cc scooter.
The demand of scooters is increased in domestic market by 9% this year so it may be a hope for LML.
The new LML 4 Stroke NV scooter is 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.
Currently the presence of LML is limited to Delhi, Ghaziabad, part of Punjaab and Haryaana.