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Maharashtra, Delhi drive Bajaj Auto’s three-wheeler sales growth
Posted on 6th February 2018
Bajaj Auto’s three-wheelers are on a fast track. The end of the permit raj for autorickshaws in Maharashtra has pushed the company’s three-wheeler sales to record highs in FY18 and this good run is expected to continue in FY19 too. Bajaj Auto has emerged as a major beneficiary of the end of the permit system in Maharashtra and issue of new permits in Delhi. There has been a recovery in three-wheeler exports as well, and the company is set to exceed its annual sales targets this year.

Labour dispute at Bajaj Auto ends
Posted on 3rd February 2018
Dilip Pawar, president of the Bajaj Auto labour union, Vishwa Kalyan Kamgaar Sanghatana (VKKS), on Friday withdrew his indefinite hunger strike after the company agreed to extend the wage hike given to the workers at Chakan to the staff of Akurdi plant.

Pawar’s hunger strike had entered the fifth day on Friday.

Bajaj Auto hits new high on strong January sales
Posted on 2nd February 2018
Bajaj Auto hit a new high of Rs 3,473, up 2% on BSE in early morning trade, after the company reported healthy sales growth for January, with total sales jumping 46% at 353,147 units over the previous year. It had sold total 241,917 units in the same month last year.

The company’s overall motorcycles sales jump 36% year on year (YoY) at 288,936 units.

Bajaj Auto union seeks Rahul Bajaj’s intervention to resolve dispute
Posted on 31st January 2018
Bajaj Auto labour union president Dilip Pawar’s indefinite hunger strike entered the second day on Tuesday. Workers affiliated to the Vishwa Kalyan Kamgar Sanghatana also boycotted breakfast and lunch at the company canteen on Monday and Tuesday. Pawar wrote to Bajaj Auto chairman Rahul Bajaj seeking his intervention to resolve pending issues of wage revision settlement, termination of eight workers in 2013 and transfer of six workers in 2016.

Bajaj Auto eyes big jump in sales with new & refurbished models
Posted on 11th January 2018
Bajaj Auto, which had overlooked its line-up in the executive segment of motorcycles (or bikes between the price range of Rs 50,000-60,000), on Wednesday re-launched Discover 110cc and a refurbished Discover 125cc. The company claimed while it now sells about 8,000 units in the executive segment per month, the aim is to ramp this up 10-fold to 70,000 units within a year. Eric Vas, president (motorcycles), Bajaj Auto, said, “In a year’s time, we want to sell around 70,000 units in the executive segment every month.

In a war of words between Bajaj Auto and Royal Enfield, Maruti Suzuki walks away in smiles! Here’s what happened
Posted on 5th December 2017
Ad wars in the automotive space are quite common in Europe and US but not so much in India. That, however, doesn't mean that things are completely boring here. Siddhartha Lal, CEO, Eicher Motors, recently tweeted that Royal Enfield's sales are equivalent to the global sales of Harley-Davidson, KTM, BMW, Triumph and Ducati combined. Yes, he actually said that! Rajiv Bajaj, Managing Director, Bajaj Auto, responded to the tweet through a statement to Business Standard, saying "By measuring solely on the basis of volumes at the exclusion of pricing power, it would seem that Maruti Suzuki is above and beyond brands like Mercedes, BMW, Audi and Porsche put together."

Bajaj Auto sales rise 21% in November; motorcycle sales up 11%
Posted on 1st December 2017
Bajaj Auto on Friday reported a 21 per cent increase in total sales in November at 3,26,458 units as against 2,69,948 units in the same month last year.

Motorcycle sales grew by 11 per cent to 2,63,970 units in November 2017 against 2,37,757 units in November 2016, the company said in a BSE filing.

Bajaj Auto hits new high in an otherwise weak market
Posted on 30th November 2017
Bajaj Auto hit a new high of Rs 3,372, up 1.7% on the BSE in intra-day trade in an otherwise weak market. At 10:18 AM; the stock was the top gainer among the Sensex, up 1% at Rs 3,354. On comparison, the S&P BSE Sensex was down 0.69% at 33,371.

In past three months, Bajaj Auto has outperformed the market by gaining 22% against 5.5% rise in the benchmark index.

Bajaj Auto launches Pulsar NS200 priced at Rs 1.09 lakh
Posted on 2nd November 2017
Bajaj Auto on Thursday introduced a new variant of its performance motorcycle model Pulsar NS200 equipped with enhanced safety feature ABS, priced at Rs 1.09 lakh (ex-showroom Delhi).

The Pulsar NS200 is powered by a 200-cc liquid cooled engine.

Bajaj Auto Q2 net profit dips marginally to Rs 1,194 cr
Posted on 17th October 2017
MUMBAI: Bajaj Auto today reported a marginal decline in consolidated net profit at Rs 1,193.58 crore for the September quarter, 2017-18.

The Pune-based company had reported a consolidated net profit of Rs 1,200.72 crore for the July-September period of last fiscal.

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