BAF targets Rs.100 crore via Yamaha Motors

bussan-auto-financeAuto financing company, Bussan Auto Finance India has said that it is targeting to achieve a sale of Rs.100 crore through Yamaha Motor alone. This will be in the field of providing loans to the customers as well as the dealers.

All of them will be in some form or the other related to Yamaha.

Talking to a private news agency, PTI, Bussan Auto Finance (BAF) India's Chairman and Managing Director Kota Odagiri told, "We have already financed Rs 100 crore in the last two fiscals. We will finance another Rs 100 crore of Yamaha customers this fiscal."

Odagiri further added that BAF expects to finance more two-wheelers this year as the demand for the same is going to go up during this fiscal. Yamaha has recently launched SZ, SZ-X and YBR 125.

Last year it financed 27,000 motorbikes and expects the number to go up to 50,000 this fiscal.

Yamaha India Motor has sold 4.1- lakh units, including 2.8-lakh units in the domestic market this year. Analysts expect the three new models to sell more and help in increasing its market share.