Union Bank of India to auction 40+ Benelli and Hyosung bikes owned by DSK Motowheels

While Benelli has begun its second inning in the Indian market with Mahavir Group, its former cash-strapped partner, DSK Motowheels, is repaying debts.

The DSK Motowheels-owned Benelli and Hyosung motorcycles will be auctioned by Union Bank of India in Pune.

Also Read: Next-gen Benelli TNT600i with revised styling spied

Union Bank of India has announced that it will auction 43 Benelli and Hyosung motorcycles, along with assets such as Plant & Machinery, Assembly Line, Equipment, Furniture and Spare Parts of the vehicles that are owned by DSK Motowheels. The list of motorcycles that would be auctioned also include some of the vehicles that were imported into the country for R&D purposes but never launched. The auctioned vehicles would not come with warranty.

The list ranges from 125 cc scooters to 1,130 cc Trek Amazonas. The vehicles will be auctioned in Pune, India on July 26, 2019. Check out the complete list in the table below:

Model Displacement Colour Reserve Price Earnest Money Deposit
Benelli Motorcycle 150 cc White with Windscreen INR 1,68,000 INR 16,800
Benelli Scooter 125 cc White INR 1,75,000 INR 17,500
Benelli Scooter 125 cc Red INR 1,75,000 INR 17,500
Benelli Motorcycle 150 cc Blue INR 1,63,000 INR 16,300
Benelli Sports/Dirt Bike 250 cc Mixed INR 1,51,000 INR 15,100
Hyosung Keeway 250 Dorado 250 cc Metallic Black INR 1,99,000 INR 19,900
Hyosung Keeway 202 200 cc Red INR 85,000 INR 8,500
Hyosung GV 250N 250 cc White INR 1,90,000 INR 19,000
Hyosung Aquila 250 cc Cream INR 4,12,000 INR 41,200
Hyosung Aquila 250 cc Cream INR 4,12,000 INR 41,200
Hyosung Keeway 202 200 cc Black INR 91,000 INR 9,100
Hyosung Dorado 250 250 cc White INR 1,99,000 INR 19,900
Hyosung EXIV 250 250 cc Metallic dark blue & white & silver INR 2,10,000 INR 21,000
Benelli Sport RKS150 150 cc Orange & Black INR 70,000 INR 7,000
Benelli Zafferand 250 EFI 250 cc Black INR 1,54,000 INR 15,400
Hyosung Patagonian Eagle 250 cc Black INR 1,90,000 INR 19,000
Benelli TNT 600 600 cc Black and Grey INR 4,69,000 INR 46,900
Benelli TNT 600 600 cc Black and Grey INR 4,69,000 INR 46,900
Benelli TNT 600 600 cc Black and Grey INR 4,69,000 INR 46,900
Benelli TNT 600 600 cc White and Black INR 4,69,000 INR 46,900
Benelli TNT 300 300 cc White and Design INR 2,12,000 INR 21,200
Hyosung Blackstar 250 cc Black INR 1,90,000 INR 19,000
Hyosung GT250 EFI 250 cc Red INR 2,10,000 INR 21,000
Hyosung Motorcycle 250 cc White and Black INR 2,10,000 INR 21,000
Benelli TNT 135 135 cc White with Black design INR 1,05,000 INR 10,500
Hyosung EXIV-R, GD 250 250 cc Black with Red design INR 2,10,000 INR 21,000
Hyosung EXIV-R, GD 250 250 cc White with Black INR 2,10,000 INR 21,000
Benelli TNT 15 150 cc Black with Red design INR 1,38,000 INR 13,800
Benelli Trek Amazonas 1,130 cc Yellow and Black INR 7,57,000 INR 75,700
Hyosung Sports/Dirt Bike 250 cc Black INR 2,05,000 INR 20,500
Hyosung Keeway 250, Patagonian Eagle 250 cc Red with Skull Symbol INR 1,88,000 INR 18,800
Hyosung GT 250 250 cc Water Blue, Equa Green & White INR 1,95,000 INR 19,500
Benelli TNT Tornado 15 150 cc Red INR 1,38,000 INR 13,800
Benelli TNT 600 600 cc Black INR 3,10,000 INR 31,000
Benelli TNT 600 600 cc Black INR 3,10,000 INR 31,000
Benelli TNT 600 600 cc Black INR 3,10,000 INR 31,000
Benelli TNT 600 600 cc Black INR 2,80,000 INR 28,000
Benelli TNT 600 600 cc Black INR 1,83,000 INR 18,300
Hyosung GD 250 250 cc Black INR 1,39,000 INR 13,900
Hyosung GD 250 250 cc Black INR 1,30,000 INR 13,000
Hyosung Sports Bike 250 cc Black and White INR 2,10,000 INR 21,000
Benelli Scooter 125 cc White INR 1,75,000 INR 17,500
Benelli Zafarano 250 cc Red INR 1,54,000 INR 15,400

The list of vehicles includes motorcycles and scooters that were imported in India for R&D purposes as well.

Also Read: Benelli TRK 502 and TRK 502X deliveries commence

The auction for Plant & Machinery, Assembly Line, Equipment, Furniture and Spare Parts would start from INR 2.80 crore with an Earnest Money Deposit of INR 28 lakh.

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