“We’re sticking to our objectives of a 4.5 percent operating margin for 2008… and we are maintaining our volume growth projection of more than 10 percent,” Ghosn told a Renault shareholder general assembly. Read more
Courtesy: economictimes.indiatimes.com
Archive for the 'Bajaj auto' Category
Renault-Bajaj small car in first half of 2011
Published April 30th, 2008 in Bajaj auto and Renault. 0 CommentsBajaj-Renault Lite may miss launch date
Published April 10th, 2008 in Bajaj auto and Renault. 0 CommentsMore
Courtesy: economictimes.indiatimes.com
Indica engine to power Ace
Published April 5th, 2008 in Tata Motors, Bajaj auto and Piaggio. 0 CommentsLaunched in 2005, sales of Ace averaged around 9,000 to 10,000 units a month with its variant Winger sales averaging around 2,500 a month. More
Courtesy: www.indiacar.net
Bajaj says to launch four new bikes in FY09
Published April 1st, 2008 in Bikes and Bajaj auto. 0 CommentsBajaj, which trails leader Hero Honda Motors Ltd, said 125 cc motorbikes had grown to account for 36 percent of the market by sales, and had a higher share of its profitability. More
Courtesy: economictimes.indiatimes.com
Bajaj to spin off 2-wheeler finance business from BAFL
Published March 11th, 2008 in Bajaj auto. 0 CommentsBajaj Auto Finance Ltd (BAFL) may spin off its two-wheeler financing business as a subsidiary of Bajaj Auto after the official demerger of the group’s auto and finance businesses.
According to auto financing sources, the idea to separate the business from Bajaj Auto Finance was first mooted when the demerger proposal came up for talks last year. Read more
Courtesy: economictimes.indiatimes.com
Bajaj emerges as leading motorbike in Sri Lanka
Published March 11th, 2008 in Bajaj auto. 0 CommentsIndian auto giant Bajaj is emerging as the leading motorcycle player in Sri Lanka amidst fierce competition from other global players, according to auto experts.
“Bajaj may be competing more fiercely in maintaining its supremacy in the motorbike segments in India than in Sri Lanka, where it is selling like hot cakes due to fuel efficiency and other factors”, the experts said. Read more
Courtesy: economictimes.indiatimes.com
Bajaj Auto cuts motorcycle prices by upto Rs 3,000
Published March 7th, 2008 in Bajaj auto. 0 CommentsBajaj Auto reduced the prices of its various motorcycle models by up to Rs 3,000, reports DNA.
The move came after the Finance Minister P Chidambaram`s proposal of cutting excise duty on two-wheelers from 16% to 12%, however the company has reduced the prices over and above the duty cut, in order to give more push to the sales. Read more
Courtesy: www.indiacar.net
Low-cost car with Bajaj very important: Renault
Published February 23rd, 2008 in Bajaj auto and Renault. 0 CommentsA proposed plan to make a low-cost small car with an Indian partner would be very important for Renault and Nissan Motor Co as the foreign firms seek to tap growth in emerging markets to help offset saturation in the main U.S. and Japanese markets, a senior Renault official said.
The Renault-Nissan combine is studying the feasibility of making a $3,000 car with Indian motorcycle maker Bajaj Auto, following the lead of Tata Motors, which last month unveiled the Nano, a car priced at just over $2,500, or about half the price of the cheapest car in the market now. Read more
Courtesy: economictimes.indiatimes.com
Renault, Bajaj deal may come within 2008: Ghosn
Published February 22nd, 2008 in Bajaj auto and Renault. 0 CommentsA deal between French car maker Renault and Bajaj may come within this year, Carlos Ghosn, chief executive of both Nissan Motor Coand Renault said on Friday. Read more
Courtesy: economictimes.indiatimes.com
Bajaj Auto Ltd, India’s second-biggest motorbike maker, said it has completed the separation of its finance operations into a new company that it expected to list on the stock exchange by the end of April.
As part of the restructure, Bajaj Holdings & Investment Ltd, a new holding company which holds 30 percent of both Bajaj Auto and the spun-off Bajaj Finserv Ltd, will also be listed at the same time. Shareholders in Bajaj Auto will be entitled to receive one share each in the two new companies for every share held. Read more
Courtesy: www.indiacar.net
