Bajaj Chetak, the first electric two-wheeler from Bajaj Auto, has been launched in Delhi, Mumbai and Goa, the company said. With this, the scooter — priced at around Rs 1.4 lakh — is now available in 20 cities. Chetak EV was launched in 8 cities during 2021, including Pune. The network has now been extended […]
Bajaj Auto emerged as the best performer in December two-wheeler sales in the domestic market by posting relatively flat numbers while others such as TVS Motor Co and Hero MotoCorp saw sharp declines in their India sales. Bajaj Auto escaped the sharp declines by reporting sales of 1.28 lakh units in India in the final […]
Hero MotoCorp, the world’s No.1 motorized two-wheeler maker, and rival TVS Motor Co both reported declines in their December auto sales. While Hero MotoCorp’s December sales fell by 12% in the domestic market, TVS Motor Co reported a fall of 17% in its domestic market sales during the month. TVS MOTOR CO TVS Motor Co’s […]
Hero MotoCorp reported a whopping 43% decline in India two-wheeler sales in November due to a sharp downturn in rural demand. The company, which gets most of its customers from rural and semi-urban regions, sustained a sharp blow to both its motorcycle as well as scooter sales, with the latter taking a bigger beating. The […]
With the pent-up demand getting exhausted and the overall economy reeling under the impact of rising inflation and the after-effects of two waves of COVID-19, auto sales seem to be coming under pressure post the festival period. Two of the earliest companies to report their November numbers, Bajaj Auto and tractor maker Escorts, have both […]
Bajaj Auto has kicked off the auto sales data for September with a set of not-so-uplifting set of numbers, indicating a moderation in demand after a sharp rise in sales due to pent-up demand. The company’s two-wheeler sales in India were down 21% in September 2021, indicating that the uptrend in auto sales seen after […]
Bajaj Auto was able to beat TVS Motor Co in July two-wheeler sales, reporting a 39% jump compared to only 8% for the South India-based company. Bajaj Auto was able to beat TVS because of a doubling of export volumes in July to 1.74 lakh. In comparison, TVS Motor Co’s exports volumes in July rose […]
Bajaj Auto Ltd, one of India’s oldest two-wheeler makers, today reported its highest ever quarterly revenue, profit and volume numbers as consumers again loosened their purse strings with COVID-19 uncertainty receding into the background. Like most other companies in India, Bajaj Auto had taken a severe beating in the first quarter (Apr-Jun) due to COVID-19, […]
Bajaj Auto, one of India’s biggest motorcycle manufacturers, said it is yet to see any down-trading or change of behavior among motorcycle buyers in India due to the COVID pandemic, and that demand is already at 80-85% of normal levels. Speaking to investors and analysts after the company’s quarterly results last week, executive director Rakesh […]
Bajaj Auto, one of the biggest exporters of two-wheelers in the world, said it sold 31% fewer automobiles during June, suffering from the after-effects of the Coronavirus lock-down in India and in other markets. The impact of the lockdown was felt on both India sales and exports, with a sharper decline seen on three-wheeler sales […]
Bajaj Auto has just announced its grand entry into the retro-motorcycle market with a new partnership with 118-year-old British brand Triumph. The two companies will jointly develop and market retro-look motorcycles in the Indian market at prices less than Rs 2 lakh — the bread and butter segment for Royal Enfield and Jawa. Until about […]
Bajaj Auto reported a 7% jump in two-wheeler sales in India for May, while overall sales of two-wheelers and three-wheelers were up 3%. Bajaj Auto, the country’s biggest two-wheeler exporter, also reported a jump of 6% in its May exports. Bajaj sold 2.05 lakh motorcycles in India during May and exported 1.59 lakh. Bajaj Auto’s […]
Bajaj Auto, the country’s biggest two-wheeler exporter, reported a jump of 8% in its April exports, and an increase of 3% in domestic sales. Overall, the company’s total sales for the month were up 2%. Bajaj sold 2.05 lakh motorcycles in India during April and exported over 1.68 lakh. The company reported its highest ever […]
Bajaj Auto, one of India’s biggest motorcycle makers, could potentially exit KTM, the premium bike brand from Austria. According to a statement by KTM Industries AG, the parent company of KTM, Bajaj is in talks to sell its minority stake in KTM back to the European parent. Bajaj had stepped in as a white knight […]
Amid reports that the two-wheeler industry in India is bracing for production cuts to deal with a dip in demand, Bajaj Auto, one of India’s biggest motorcycle maker, said it is not curtailing production as of now. Bajaj Auto MD Rajiv Bajaj said the company does not feel a need to cut production at present. […]
Veteran industrialist Rahul Bajaj has stepped down as the chairman and non-Executive director of investment firm Bajaj Holdings and Investment, and his cousin Niraj Bajaj has been appointed as the new non-executive chairman with effect from May 18. “Rahul Bajaj, vide his letter dated February 15, 2019, has tendered his resignation as the non-executive director […]
Bajaj Auto, the country’s biggest two-wheeler exporter, reported a jump of 16% in its February exports, and an increase of 6% in domestic sales. Overall, the company’s total sales for the month were up 10%. Bajaj Auto sold 1.87 lakh motorcycles in India during February, and exported 1.41 lakh. The performance is well below what […]
Bajaj Auto reported a 45% jump in two-wheeler sales in India in November, while overall sales of two-wheelers and three-wheelers, including exports, were up 25%. India two-wheeler sales jumped to 2.05 lakh in November from 1.42 lakh last year. However, compared to October, sales were down from 2.82 lakh. Nevertheless, the performance is better than […]
Bajaj Auto, one of India’s biggest two- and three-wheeler makers, reported relatively strong auto sales numbers for August. Total sales came in at 4.37 lakh, up 30% over 3.35 lakh in August last year. Growth was led by exports, even as the floods in Kerala dampened domestic growth slightly. Total exports for the month was […]
Bajaj Auto posted a strong increase in auto sales for May, following on from a similar performance in April. Total auto sales for May were up 30% at 4.07 lakh unit versus 3.14 lakh last year, while motorcycle sales were up 24% at 3.43 lakh versus 2.77 lakh. Domestic sales of motorcycles were up 23% […]
