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Bajaj Electricals partners with IFSC as lead sponsor
Posted on 24th June 2017
India’s leading brand of kitchen and domestic appliances Bajaj Electricals has announced its partnership with The International Federation of Sport Climbing (IFSC) as a lead sponsor. The tournament is scheduled to be held over a three-day period at the CIDCO Exhibition Centre, Navi Mumbai on the 24th & 25th June, 2017. Over 150 athletes from across the globe will participate at the World Cup including the top talent from India. As a host nation, India’s best climbers will have a chance to compete alongside the world’s best on home turf. The Italy based, IFSC has 86 member federations across 5 continents.

Bajaj Auto sales dip 10 per cent in May at 3,13,756 units
Posted on 2nd June 2017
NEW DELHI: Two-wheeler major Bajaj Auto today reported a 10 per cent decline in total vehicle sales in May at 3,13,756 units.

The company had sold 3,47,655 units in the same month last year.


Bajaj Auto profit drops 15% in Q4 2017, most in 12 quarters
Posted on 19th May 2017
Mumbai: Bajaj Auto Ltd’s fiscal fourth-quarter profit fell 15%, the steepest decline in 12 quarters, as motorcycle and three-wheeler sales in India fell because of a cash crunch following the government’s decision to scrap high-value banknotes and a switch to stricter vehicle emission norms.

Bajaj’s overseas motorcycle sales also fell because of economic and political uncertainties in export markets such as Nigeria and Sri Lanka.


India’s Bajaj Auto posts 16% drop in March-quarter profit, misses estimates
Posted on 18th May 2017
India’s Bajaj Auto Ltd posted a 16 percent fall in March-quarter net profit, missing estimates, as a rise in input material cost and expenses on transition to BS-IV compliant vehicles hurt margins.

Net profit was 8.02 billion rupees ($124.50 million) in the quarter ended March 31, compared with 9.49 billion rupees a year earlier.


TVS teams up with ex-Bajaj Auto dealer in Central America
Posted on 12th May 2017
TVS Motor Company has roped in former Bajaj Auto's dealer in Central America for expansion in the region. The company expects around Rs 500 crore from Central America over the next three years.

Sudarshan Venu, joint managing director, TVS, said the company has tied up with Masesa, a large group in Central America, for distribution of two-wheelers and three-wheelers in Guatemala, Honduras, El Salvador, Costa Rica, and Nicaragua.


Bajaj Auto motorcycle sales at 2,93,932 units in April
Posted on 3rd May 2017
NEW DELHI: Bajaj AutoBSE 0.64 % today reported a marginal 1 per cent increase in motorcycle sales at 2,93,932 units in April this year.

The company had sold 2,91,898 units of motorcycle in the same month last year.


Bajaj Auto loses ground since exiting scooters in 2010
Posted on 15th April 2017
CHENNAI: Bajaj Auto's decision to stay out of the scooter market has cost the company dear in terms of market share, both in the overall two-wheeler market as well as in the motorcycle segment. According to Siam numbers, Bajaj Auto's motorcycle market share declined from 24.3% in FY10 when scooters were discontinued, to 18.3% in FY17e (estimated). This, despite the fact that the `zero' margin product CT100 has helped add nearly 4% market share since its launch a year-and-a-half ago.

Bajaj Auto sales down 11% to 2,72,197 units; shares fall
Posted on 3rd April 2017
Bajaj Auto sold 11% less vehicles in the month of March this year compared to the same period in 2016. According to a statement from the company, it sole 2,72,197 units in March 2017.

The sale of motorcycles (domestic and exports) was down 8% while the sales of commercial vechiles (domestic and exports) was down 33%.


Bajaj Auto's eight-year old alliance with Kawasaki comes to an end
Posted on 25th March 2017
On 1 April, 2017 the eight-year long alliance between Bajaj auto and Kawasaki will come to an end.

"Kawasaki and Bajaj have mutually arrived at an amicable decision to end their alliance in India from April 1, 2017," the automaker said in a statement.


Maruti, Bajaj Auto exports hit as Sri Lanka, Nepal turn on credit squeeze
Posted on 22nd March 2017
Leading Indian automobile companies are facing the impact of a recent credit squeeze from banks in neighboring export markets like Sri Lanka and Nepal. Those impacted include Maruti Suzuki, Renault, Nissan and Bajaj Auto among others.

The development comes on the heels of demonetisation.


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