Bajaj Auto

Bajaj Auto sales down 5.52% in December

New Delhi - Bajaj Auto on Friday reported 5.52 percent decline in motorcycle sales to 2,46,233 units in December 2014.

The company had sold 2,60,645 motorcycle units in the year-ago period, Bajaj Auto Ltd (BAL) said in a statement.

BAL said exports were up 10.20 percent during the month at 1,66,134 units as compared to 1,50,753 units in the same month, a year ago.

In the commercial vehicles category, its sales stood at 43,011 units, up 15.83 percent, as against 37,131 units in December 2013.

The total vehicle sales of the company during last month stood at 2,89,244 units, down 2.86 percent, as against 2,97,776 units in the same month a year-ago, the statement added. PTI

Bajaj Auto hopes for better days from September

Bajaj AutoKolkata : Bajaj Auto is bullish on its two new 150cc bikes and is aiming to regain lost ground in the second half of the FY15.

"From September onwards, we hope to come to a zero deficit situation compared to last year's monthly numbers," Bajaj Auto President (Motorcycle) Eric Vas said here.

"We are in deficit by about one lakh units in sales till now (April-August 14) this year. We can add about 35,000 units a month even if the mid-segment (above Rs 50,000) of the industry grows from 17 to 20 percent of the total motorcycle market," he said.

India's scooter major Bajaj to make motorcycles at Bangladesh plant

Bajaj AutoDhaka, Aug 23 - India's popular scooter and motorcycle major, Bajaj, will manufacture motorcycles at a plant in Bangladesh from June 2015.

According to the Daily Star, the Uttara Group, Bajaj Auto's local assembler, is set to build a Taka 150 crore plant, which will be operated and technically supported by Bajaj.

It is being reported that the motorcycle factory will be built on ten acres of land in the Zirani Bazar area of Gazipur District.

Bajaj launches two new models under the Discover range

Bajaj-Discover-150FNew Delhi: Bajaj Auto on Monday launched two bikes under the Discover range priced up to Rs 58,739 (ex-showroom Pune).

Discover 150F is priced at Rs 58,739, while Discover 150S is available for Rs 51,720 for drum and 54,725 for disc variants, Bajaj Auto Ltd said in a statement.

"These Discover 150 bikes break away from the current basic bikes available in the market to give the consumer an exciting and energising ride," it added.

Bajaj Auto sales rise 9% in July

Bajaj Auto sales rise 9% in JulyNew Delhi - Bajaj Auto on Monday reported 9 percent increase in motorcycle sales at 2,67,841 units in July 2014.

The company had sold 2,46,828 units in the same month last year, Bajaj Auto Ltd said in a statement. BAL said exports were up 54 percent during the month at 1,69,755 units as compared to 1,10,023 units in July 2013.

In the commercial vehicles category, its sales stood at 51,451 units, up 49 percent, against 34,499 units in the same month of the previous year.

Bajaj Auto reports 3% increase in motorcycle sales

Bajaj-AutoMumbai: Bajaj Auto has reported 3 percent increase in motorcycle sales at 3,13,020 units last month.

It had sold 3,04,780 bikes in May last year, Bajaj Auto Ltd said in a press release on Monday.

Its overall sales, including commercial vehicles, also rose by 4 percent to 3,51,436 units in May 2014 from 3,39,348 units sold a year ago, the company said.

The commercial vehicle sales, however grew by 11 percent to 38,416 in the reporting month as against 34,568 in the corresponding month of 2013, Bajaj Auto said.

Bajaj Auto's March sales up one percent

Bajaj Auto's March sales up one percentMumbai, April 2 : Two- and three-wheeler manufacturer Bajaj Auto Wednesday reported a marginal increase of one percent in its sales for March at 304,330 units from 301,231 units in the corresponding period of last year.

Exports, however, grew by 17 percent at 118,183 units from 101,374 units shipped-out during the corresponding period of 2013.

Bajaj Auto posts over 10% rise in quarterly net

Bajaj Auto posts over 10% rise in quarterly netTwo-wheeler giant Bajaj Auto Ltd has reported a year-on-year increase of more than 10 per cent in net profit for the December quarter, thanks to strong exports.

Bajaj Auto's sales volume slipped 9,93,690 units in the October to December quarter of 2013, down 11.8 per cent from 11,27,741 units sold in the corresponding quarter of the previous year.  Sales volume slipped due to subdued sales in the domestic market.

Bajaj Auto posts 4% fall in sales; shares fall

Bajaj Auto posts 4% fall in sales; shares fallShares of Bajaj Auto - India's second biggest two-wheeler maker after Hero MotoCorp - slipped more than 2 per cent in early morning trade on Wednesday after the company announced a year-on-year decline in October sales.

Bajaj Auto, one of India's biggest two-wheeler makers, said its motorcycle sales slipped 4 per cent year-on-year to 348,323 units in October this year. Sales of commercial vehicles dropped 26 per cent to 37,000 units in the month under review.

Bajaj Auto's August sales down by 9 percent

Bajaj-AutoMumbai, Sep 2 : Two- and three-wheeler major Bajaj Auto Monday reported a decline of nine percent in overall sales for August which stood at 312,188 units from 344,906 units sold in the corresponding month last year.

However, exports grew by 10 percent for the month under review at 144,160 units from 131,526 units sold in the like period of 2012.

Segment-wise, the motorcycle sales in September fell by eight percent at 278,583 units from 304,352 units sold last year.

Three-wheeler sales in the month under review fell by 17 percent at 33,605 units from 40,554 units sold in the like period of last year.

Bajaj Auto extends deadline to end strike at Chakan plant

bajaj-auto-chakan-plantNew Delhi, Aug 13 : Two- and three-wheeler manufacturer Bajaj Auto Tuesday extended the deadline for ending the strike at its Chakan factory to Aug 16 next, failing which the company might consider shifting 50 percent of the plant's production to its other facilities.

The ongoing labour unrest and stoppage of work since June 25 had caused a loss in sales of 20,000 Pulsars. The production at Chakan plant is around 1,700 motorcycles per day which are mostly Pulsar-brand bikes.

The workers have been demanding issuance of company shares and wage hike.

Bajaj Auto’s Q1 profit rise despite fall in sales

Bajaj Auto’s Q1 profit rise despite fall in salesBajaj Auto managed to report a profit for the April to June quarter of the current financial year despite a 9 per cent fall in the number of units it sold, thanks to rupee's depreciation.

During the three months ended June 30, Bajaj Auto sold 9.79 lakh units of two-wheelers, including 8.6 lakh motorcycles, as against 10.8 lakh units sold in the corresponding period of the previous year.

Bajaj Auto Q1 net up three percent

Bajaj-Auto-LogoMumbai, July 19 : Two- and three-wheeler manufacturer Bajaj Auto Friday reported a three percent rise in net profit for the first quarter of the current fiscal.

The net profit stood at Rs. 738 crore from Rs. 718 crore in the corresponding quarter of 2012-11.

The company reported a marginal one percent growth in turnover for the quarter under review at Rs. 5,087 crore from Rs. 5,048 crore in the first quarter of last fiscal.

The company's exports revenue grew by 9.70 percent at Rs. 1,876 crore from Rs. 1,710 crore in the corresponding quarter of last fiscal.

Second meeting between Bajaj Auto management and workers’ union fails

Second meeting between Bajaj Auto management and workers’ union failsThe second assuaging meeting between the Bajaj Auto management and the workers' union failed to provide a solution to the ongoing strike at the two-wheeler maker's Chakan plant.

The meeting, which was arranged by labour commissioner Madhukar B Gaikwad at his office in Wakdewadi on Friday, went on for nearly four hours amid tight security.

Friday meeting was the second intervention meeting of BAL management and leaders of employees' union Vishwa Kalyan Kamgar Sanghatna (VKKS).

Bajaj launches new RE three-wheeler series in India

Bajaj launches new RE three-wheeler series in IndiaIndian auto major, Bajaj Auto has announced the launch of its new range of RE three-wheelers on Thursday in the Indian market.

RC Maheshwari, President, Commercial Vehicles claimed that the company already has a 85 per ent share inthe three-wheeler segment and the launch of the new series is expected to consolidate its position as a dominant player in the country. The company estimates shows that about 45,000 vehicles are to be replaced and in Delhi 45,000 permits are to be renewed. the new models will offer improved mileage, changed styling and lower maintenance costs.

Hero MotoCorp and Bajaj Auto post marginal jump in May sales

Hero MotoCorp and Bajaj Auto post marginal jump in May salesHero MotoCorp Ltd (HMCL) and its rival Bajaj Auto Ltd (BAL) have reported marginal year-on-year increase in their May sales.

HMCL on Monday announced that its sales jumped to 557,890 units in May 2013, from 556,644 units in the corresponding month of the previous year. Though the figures represent only a marginal increase of 0.22 per cent, it was the company’s highest-ever sales for any single month.

Government approves quadricycles for taxi and cargo purposes

Government approves quadricycles for taxi and cargo purposesAccording to the latest reports, the government in India is moving to allow quadricycles on Indian roads but the vehicles can only be sued for taxi and cargo purposes in the country.

Bajaj Auto planning new launches in India

Bajaj Auto planning new launches in IndiaIndian two wheeler giants, Bajaj Auto has planning a host of new launches in the Indian two wheeler industry during the coming 12 months to take on rivals like Honda Motorcycle and Scooter India.

Bajaj recently lost its number two position in the Indian market to Honda and thus the company is aiming to launch 2 new Pulsar, and 6 new Discover variants during the next 12 months to increase the competition and regain their No 2 position in the country. The company is planning to expand its presence both in the Indian market as well as in foreign markets with the 8 new models planned.

Bajaj Auto records under 1% fall in net profit

Bajaj Auto records under 1% fall in net profitIndia's second biggest two-wheeler manufacturer, Bajaj Auto has said that it has recorded a fall of 0.77 per cent in net profit for the quarter till March 2013.

The company recorded a net profit of Rs. 766 crore for the quarter form January to March, 2013 compared to Rs. 772 crore recorded in the same quarter of the previous year. The fall in net profit was recorded after four quarters and was mainly due to weak demand for vehicles in the country as well as increased contribution of other income.

Bajaj Auto's fiscal sales up one percent

Bajaj-AutoNew Delhi, May 16 : Two- and three-wheeler manufacturer Bajaj Auto Thursday reported a marginal increase of one percent in net profit for 2012-13.

The net profit stood at Rs. 3,044 crore from Rs. 3,004 crore in the fiscal year 2012-13.

The company reported a three percent growth in turnover for the period under review at Rs. 20,793 crore from Rs. 20,137 crore in the first quarter of last fiscal.

The company's total sales in 2012-13 declined by three percent at 4,237,162 units from 4,349,560 the 2011-12.




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