Archive for the 'Bajaj auto' Category

Bajaj to launch new bike a month from Jan

Monday, December 1st, 2008

Bajaj Auto Ltd, India’s second-biggest motorcycle maker, said on Monday it would a launch new model a month from January for six months to revive sales that fell 37 per cent in November.
High interest rates and sluggish consumer spending have dented demand for automobiles in India, including for motorcycles and scooters
that Bajaj Auto produces and […]

Little room for price cuts:Bajaj Auto

Tuesday, November 18th, 2008

Bajaj Auto Ltd’s chairman said on Tuesday the firm’s scope for price cuts was limited by tight margins on motorcycle sales, which were likely to contract in the year to March-end.
Finance Minister Palaniappan Chidambaram earlier called on automakers, hotels, airlines and real estate firms to trim prices to avoid inventory pile-ups and boost the economy. […]

Bajaj to kick off a four wheeler

Tuesday, November 18th, 2008

Bajaj Auto said that the company will launch a four wheeler vehicle independent of Nissan-Renault joint venture, reports Economic Times.
It also said that the capex for the current fiscal will remain same and there will be no change. More
Courtesy: indiacar.net

Bajaj denies job cuts buzz

Tuesday, November 18th, 2008

The country`s second largest two-wheeler manufacturer, Bajaj Auto, on Sunday said there was no case for any layoff in the company even though there has been a cut in production due to a slowdown in demand.
“Unlike the IT or services industries where the total cost of employee is 16-18%, in our case it is 3.5%. […]

Renault to design Nano’s rival

Thursday, November 6th, 2008

French car major Renault is going to style the rival of Tata Nano. Along with Japanese group company Nissan and India’s Bajaj Auto, Renault is developing a rival to the Tata Nano budget car under the code-name ‘ultra low cost’ (ULC) and the car is scheduled to roll out by early 2011 from Chakan in […]

High-end bikes drive Bajaj Auto into growth zone

Friday, October 24th, 2008

Bajaj Auto has seen a modest growth in sales, but recorded a fall in profits for the second quarter in a row. That puts the sales growth for the half-year ended September 2008 at 9 per cent. A large part of this growth has come from the increase in demand for and improved realisations from […]

Bajaj Auto to reduce two-wheeler production

Saturday, October 18th, 2008

Bajaj Auto, the country`s second largest two-wheeler manufacturer, may cut production as it sees a slowdown in motorcycle sales after the current festival season, reports Business Standard.
The company is extending credit directly to dealers and making faster payments to suppliers amid tight liquidity in the financial system. More
Courtesy: indiacar.net

Another car manufacturer waiting to enter Singur: WB

Tuesday, October 14th, 2008

West Bengal transport minister Subhas Chakraborty is confident about another car manufacturer waiting in the wings to take over the Sing ur site. He reiterated this at Writers’ Buildings on Monday, saying, “An MoU with the automobile manufacturer will be signed by this month.”
Chakraborty, however, wouldn’t take the name of the company. Is it Bajaj […]

Bajaj Auto sales rise 6% in Sep`08

Thursday, October 2nd, 2008

Bajaj Auto for the month ended September 08 reported an increase of 6% (in total), in the two and three wheelers sales.
The company sold 217,365 units of Motorcycles in Sep`08 as compared to 204,152 units a year earlier, a growth of 6%. The two wheelers sales stood at 218,494 units in September against 206,208 in […]

Bajaj Auto eyes bigger slice of 125 cc pie

Tuesday, September 30th, 2008

Bajaj Auto is gunning for a larger slice of the 125 cc category and above market, wherein the company already accounts for a share of over 51 per cent.
Launching the company�s new 125 cc offering, Platina 125 DTS-Si, here on Monday, the company said the market for 125 cc and above is growing rapidly. From […]