| Bajaj Auto Limited Related news |
India’s Bajaj Auto posts 16% drop in March-quarter profit, misses estimates
Posted on 18th May 2017 |
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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. |
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TVS teams up with ex-Bajaj Auto dealer in Central America
Posted on 12th May 2017 |
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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. |
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Bajaj Auto motorcycle sales at 2,93,932 units in April
Posted on 3rd May 2017 |
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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. |
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Bajaj Auto loses ground since exiting scooters in 2010
Posted on 15th April 2017 |
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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. |
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Bajaj Auto sales down 11% to 2,72,197 units; shares fall
Posted on 3rd April 2017 |
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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%. |
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Bajaj Auto's eight-year old alliance with Kawasaki comes to an end
Posted on 25th March 2017 |
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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. |
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Maruti, Bajaj Auto exports hit as Sri Lanka, Nepal turn on credit squeeze
Posted on 22nd March 2017 |
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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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Bajaj Auto sales rise marginally in February
Posted on 2nd March 2017 |
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New Delhi: Bajaj Auto on Thursday reported a marginal increase in total sales in February at 2,73,513 units as against 2,72,719 units during the same month a year ago. Domestic sales were at 1,59,109 units as compared to 1,73,760 units in the same month last year, down 8.43%, the company said in a statement. |
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KTM launches new range of bikes, priced at Rs 1.4 lakh and more
Posted on 23rd February 2017 |
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Bajaj Auto Limited and KTM Sportmotorcycle AG Thursday announced the much awaited launch of the KTM brand in India. Prices for the new Duke line-up now starts at Rs 1,43,500 for the new 200 Duke, going up to Rs 2,25,730 for the new 390 Duke. The price for the all-new 250 Duke is Rs 1,73,000 (all prices, ex-showroom Delhi) Known for their legendary racing achievements, KTM is Europe’s second largest motorcycle manufacturer and dominates the off-road segment across the world. |
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Bajaj Auto launches new Pulsar RS200, NS200
Posted on 6th February 2017 |
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Bajaj Auto has upgraded its Pulsars and launched the new versions of the Pulsar RS200 and Pulsal NS200. While the Pulsar RS200 starts at Rs 1,21,881 lakh (ex-showroom, New Delhi), the NS200 is priced at Rs 96,453 (ex-showroom, New Delhi). Both the new bikes are compliant to BS-IV emission norms, Bajaj Auto said in a statement. |
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