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Old 27th July 2023, 16:18   #1
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Yamaha R3 & MT-03 to be launched by end-2023

Yamaha has confirmed that it will roll out the R3 and MT-03 in India by the end of this year.

Yamaha R3 & MT-03 to be launched by end-2023-20230512111252_yamaha-r3-2.jpg

The Yamaha R3 is a fully-faired sports bike that borrows styling cues from other big bikes in Yamaha's line-up. The MT-03 is the naked streetfighter version of the R3 and offers a more upright riding position.

The Yamaha R3 and MT-03 share the same engine. Both bikes come powered by a 321cc parallel-twin engine that produces 41 BHP @ 10,750 rpm and 29.6 Nm @ 9,000 rpm. The engine is mated to a 6-speed gearbox.

Yamaha R3 & MT-03 to be launched by end-2023-2023yamahamt03buyersguide19.jpg

The bikes are equipped with an upside telescopic fork at the front and a mono-shock at the rear. The brake setup consists of a 298 mm disc at the front and a 220 mm rotor at the rear.

In India, the Yamaha R3 will compete with the KTM RC 390, Kawasaki Ninja 300 and the likes.

Source: Bike India

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Last edited by TusharK : 27th July 2023 at 16:19.
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Old 27th July 2023, 16:35   #2
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Re: Yamaha R3 & MT-03 to be launched by end-2023

Is this going to be manufactured here or is it going to be a CKD or CBU?

Last edited by GTO : 27th July 2023 at 19:23. Reason: Typo
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Old 27th July 2023, 16:49   #3
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Re: Yamaha R3 & MT-03 to be launched by end-2023

When is the launch of the MT-07 and the R7? Was expecting the news to accompany the launch of these bikes.
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Old 27th July 2023, 16:56   #4
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Re: Yamaha R3 & MT-03 to be launched by end-2023

I won't have my hopes up till they launch and price it reasonably. Comptetion at this segment is fierce and Triumph Speed 400 has raised the bar significantly higher wrt quality, fit-finish and pricing.

Couple of advantages Yamaha has though.
1. Parallel twin engine.
2. Japanese reliability perception.
3. Hopefully better service experience than Triumph

If they price these less than 3.2-3.3 lacs ex showroom, they will have a survival chance.
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Old 27th July 2023, 17:23   #5
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Re: Yamaha R3 & MT-03 to be launched by end-2023

Quote:
Originally Posted by ramki.grandhi View Post
I won't have my hopes up till they launch and price it reasonably. Comptetion at this segment is fierce and Triumph Speed 400 has raised the bar significantly higher wrt quality, fit-finish and pricing.

Couple of advantages Yamaha has though.
1. Parallel twin engine.
2. Japanese reliability perception.
3. Hopefully better service experience than Triumph

If they price these less than 3.2-3.3 lacs ex showroom, they will have a survival chance.
I highly doubt if that will happen. I check the UK prices to get a rough idea regarding our ex showroom price. It's 6405gbp. Roughly, multiply by 100 to get INR value. Unless they manufacture it here, half the price may not be possible. The CKD route may reduce the price by a lakh or two. Maybe the experts could opine regarding that. Or they should pull off a Triumph-Bajaj instead.

Last edited by Senotrius : 27th July 2023 at 17:24.
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Old 27th July 2023, 17:31   #6
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Re: Yamaha R3 & MT-03 to be launched by end-2023

Considering it will be a CBU, I think 3.8-4.1L is the minimum that Yamaha would want for the R3/MT-03!
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Old 27th July 2023, 17:34   #7
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Re: Yamaha R3 & MT-03 to be launched by end-2023

Quote:
Originally Posted by ramki.grandhi View Post
I won't have my hopes up till they launch and price it reasonably. Comptetion at this segment is fierce and Triumph Speed 400 has raised the bar significantly higher wrt quality, fit-finish and pricing.

Couple of advantages Yamaha has though.
1. Parallel twin engine.
2. Japanese reliability perception.
3. Hopefully better service experience than Triumph

If they price these less than 3.2-3.3 lacs ex showroom, they will have a survival chance.
When the last time the Yamaha R3 was sold here it was for 3.7l ex showroom. Please don't expect anything less than 4 - 4.3l ex showroom at a minimum. I believe this is coming via the CBU route this time which might mean even higher prices
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Old 27th July 2023, 19:33   #8
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Re: Yamaha R3 & MT-03 to be launched by end-2023

Quote:
Originally Posted by ramki.grandhi View Post
I won't have my hopes up till they launch and price it reasonably. Comptetion at this segment is fierce and Triumph Speed 400 has raised the bar significantly higher wrt quality, fit-finish and pricing.

Couple of advantages Yamaha has though.
1. Parallel twin engine.
2. Japanese reliability perception.
3. Hopefully better service experience than Triumph

If they price these less than 3.2-3.3 lacs ex showroom, they will have a survival chance.
The RC390 itself costs 3.2 ish ex showroom. Yamaha will pull off a Ninja 400 for sure. These Yamaha big bikes will remain accessible to a select few, unless Yamaha localises production.

I am a huge fan of the R3 and would happily trade my Duke for one. But at such super high prices, I am very happy with my Duke.
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Old 28th July 2023, 14:31   #9
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Re: Yamaha R3 & MT-03 to be launched by end-2023

I absolutely loved the previous R3 and was sad when it was discontinued. I'm happy it's coming back but i really do hope they bring it in via CKD and not pull a Ninja 400.

The ex-showroom prices for the main competitors of the R3 are as follows:
1. KTM RC390 - 3.20L (GP Edition)
2. TVS RR310 - 2.72L (Standard)
3. Royal Enfield Continental GT 650 - 3.2L (Standard)

The old bike (which I believe was a CBU unit) was priced are 3.7L Ex-Showroom. A CBU unit priced under 3.4L Ex-showroom or lower would do the trick.
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Old 28th July 2023, 15:28   #10
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Re: Yamaha R3 & MT-03 to be launched by end-2023

Quote:
Originally Posted by GreasyCarb55 View Post
I absolutely loved the previous R3 and was sad when it was discontinued. I'm happy it's coming back but i really do hope they bring it in via CKD and not pull a Ninja 400.

The ex-showroom prices for the main competitors of the R3 are as follows:
1. KTM RC390 - 3.20L (GP Edition)
2. TVS RR310 - 2.72L (Standard)
3. Royal Enfield Continental GT 650 - 3.2L (Standard)

The old bike (which I believe was a CBU unit) was priced are 3.7L Ex-Showroom. A CBU unit priced under 3.4L Ex-showroom or lower would do the trick.
The Yamaha R3 is a thrilling sportbike that strikes an excellent balance between performance and quality, unlike the competition. Expecting it would definitely perform better than the previous generation which itself has delivered smooth power & an exhilarating riding experience throughout the rev-band.

While the Yamaha R3 and MT-03 are highly desirable motorcycles, it's worth noting that they won't come cheap in the Indian market. Due to import duties, taxes, and other factors, these bikes are likely to be priced around 4-5 lakhs in India.

Also, consider proper competition [would only consider ones which are track specific & aggressive ergonomic] like;
1. KTM 390 - 3.20L (GP Edition)
2. Kawasaki Ninja 300 - 3.4L
3. Kawasaki Ninja 400 - 5.19L

Now, with some basic understanding, we can say R3 in terms of performance, reliability & track capabilities would be easily better than the 390 & Ninja 300; so it's definitely gonna be priced more than those bikes.

Then remains Ninja 400 which is gonna be proper competition for R3, we can read spec sheets if we like, but I feel both bikes are good in their own way with +- cons & pros, would understand better once we get to test ride them back to back to see which one performs better [on an individual level] or wait for some Indian auto journalist to put out some videos. What I understand from content creators throughout the world where the bikes are available, all 3 of them are very promising but for the price to performance in the long run they usually prefer Ninja 400 above RC390 & R3.

With all that said I don't feel it would go down below 4L & won't make sense if it's above 5L, even never to 5L it won't sell well, somewhere around 4-4.5L this should sell well; hope that's the case!

Well at least I'm happy to see more competition in the Indian automobile market after ages, all manufacturers are taking the Indian market seriously!

Last edited by nidhinpr : 28th July 2023 at 15:47. Reason: Typo error
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Old 28th July 2023, 16:44   #11
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Re: Yamaha R3 & MT-03 to be launched by end-2023

Quote:
Originally Posted by GreasyCarb55 View Post
I absolutely loved the previous R3 and was sad when it was discontinued. I'm happy it's coming back but i really do hope they bring it in via CKD and not pull a Ninja 400.

The ex-showroom prices for the main competitors of the R3 are as follows:
1. KTM RC390 - 3.20L (GP Edition)
2. TVS RR310 - 2.72L (Standard)
3. Royal Enfield Continental GT 650 - 3.2L (Standard)

The old bike (which I believe was a CBU unit) was priced are 3.7L Ex-Showroom. A CBU unit priced under 3.4L Ex-showroom or lower would do the trick.
The first two are Single cylinder with missing refinement, third is more of a touring oriented bike, so none of them are competitor for R3, as for except close specifications, they won't give you the same riding experience as R3.

The only real competitor for R3 in Ninja 300 and it sells for 3.43 lacs Ex-showroom, so if R3 is anything between 3.5 to 4 lacs Ex-Showroom it will be a good price.

Last edited by AtheK : 28th July 2023 at 16:54.
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Old 29th July 2023, 17:10   #12
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Re: Yamaha R3 & MT-03 to be launched by end-2023

They’re sooooo late to the game and it’s going to be priced a fair bit over the Ninja for sure. I see only die hard Yamaha fans (of which there are more than a few to be fair) waiting for this. If one is not particular about a twin, the KTM RC390 is reasonably comparable to the R3 spec-wise (if not refinement-wise). So, for a twin - there’s the Ninja, for a single, the RC. At less money. If however one wants a street ride, the MT has no twin competition (no, the RE 650s don’t count as competition) and does battle with the Duke and the new Triumph but the pricing of the latter is so bonkers that again, only someone particular about a twin street bike will choose this over it. However if they’re CBU then clearly this clearly isn’t a volume conversation. May just be a brand play for Yamaha and they may well sell out small numbers, to people who value fit and finish in a small imported Jap twin. In my opinion the really interesting game kicks off only when the R7 and MT07 drop.

Quote:
Originally Posted by AtheK View Post
The only real competitor for R3 in Ninja 300 and it sells for 3.43 lacs Ex-showroom, so if R3 is anything between 3.5 to 4 lacs Ex-Showroom it will be a good price.
Agreed but what are the odds of that pricing? Considering it’s a CBU and that this is Yamaha we’re talking about, with a consistent record of (uber) premium pricing, I think the odds of it being under 4 are low. I’d guess closer to 4.5-5, frankly. But even at 4 the on-road in Bangalore, for example (which has a comparably high number of old-school Yamaha loyalists), become fairly eye watering.

Last edited by RT13 : 29th July 2023 at 17:18.
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Old 24th November 2023, 20:20   #13
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Re: Yamaha R3 & MT-03 to be launched by end-2023

With the imminent release of the Aprilia RS 457 at <4 lacs ex showroom, the Yamaha R3 seems DOA. Since it is a CBU and quite long in the tooth, without any Electronic rider aids, it is going to be a tough sell. Only thing going for it is the reliability. Not sure it would get it far.
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Old 29th November 2023, 17:24   #14
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Re: Yamaha R3 & MT-03 to be launched by end-2023

The Blue Square dealerships have started to accept the booking for R3 and MT-03 since yesterday.
One my friend was first person to book from the Koramangla dealership.
Expected delivery date last week of January and OTR above 5.2 in Bangalore.
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