Page 12 - Bajaj Auto

Hero MotoCorp and Bajaj Auto's July two-wheelers sales in slow lane

Hero's domestic sales dropped by 12.18 per cent YoY to 391,310 units. Bajaj's domestic sales dropped 13.62 per cent YoY in July

Bajaj Auto July sales: Total sales down 10% YoY, 2W sales dip 14%

2W exports were also down 16% YoY which came down from 150,670 in July 2022 to 126,850 in July 2023

Bajaj Auto to set up first overseas manufacturing plant in Brazil

According to Executive Director Rakesh Sharma, the proposed plant is likely to come up in Manaus Special Economic Zone in northern Brazil and commence production in the next 12 months

As demand soars, Triumph Speed 400 booking amount raised to Rs 10,000

Given the high demand, Triumph wants to deal with serious buyers only. Increasing the booking amount may serve that purpose to some extent

Bajaj Holdings Q1FY24 results: Net profit jumps 46%, revenue up 14%

During the quarter, the consolidated profit of Bajaj Auto was up 41 per cent year-on-year to Rs 1,644 crore from Rs 1,163 crore in Q1FY23

Bajaj Auto posts 41% jump in Q1 net profit on strong domestic sales

Its export volumes improved sequentially by 12 per cent amid the continued macro challenges in overseas markets

Sensex ends flat in choppy trade; Metals gain; Asian Paints dips 4%, ITC 2%

CLOSING BELL ON JULY 25, 2023: The NSE Nifty ended 8 points higher; Tata Steel and JSW Steel were the major gainers on Tuesday.

Bajaj Auto net profit up 41.35% YoY at Rs 1,644 cr, revenue rises 29.4%

Sales also saw a year-on-year jump of 10 per cent to reach 1,027,091 units

Higher vols may drive Bajaj Auto's Q1 revenue; margins to expand: Analysts

So far this calendar year (CY23), shares of Bajaj Auto rose 34 per cent, as against 9.6 per cent gain in the S&P BSE Sensex, during the same period

Bajaj Triumphs: Speed 400, Scrambler 400 register over 10,000 bookings

Triumph Speed 400 deliveries will begin in the second half of July, whereas, Scrambler 400 will be available in October

Eicher Motors extends fall, hits over 2-month low; down 11% in 3 days

Bajaj Auto and British motorcycle brand Triumph on Wednesday launched co-developed Triumph Speed 400 and Scrambler 400 X motorcycles in India.

Bajaj Auto launches two co-developed motorcycles with Triumph in India

Bajaj Auto and British motorcycle brand Triumph on Wednesday launched co-developed Triumph Speed 400 and Scrambler 400 X motorcycles in India. These motorcycles were unveiled globally in London last week. The two companies formed a global partnership in 2017. Triumph Speed 400 has been priced at Rs 2.33 lakh with the inaugural price of the bike for the first 10,000 customers pegged at Rs 2.23 lakh, the two partners announced at the launch event on Wednesday. Speed 400 will be available in the market from mid-this month while Scrambler 400 X, whose price is yet to be announced, will hit the market by October this year. At the launch, Bajaj Auto Managing Director Rajeev Bajaj said, "we are hopeful of (achieving) significant volume" with the launch of the two new motorcycles, developed in partnership with Triumph. He said that the motorcycles will be produced at Bajaj Auto's new manufacturing facility in Chakan, which currently has a capacity to produce 5,000 units of these bikes pe

Triumph brings Speed 400, Scrambler 400X to India at Rs 233,000 onwards

The Speed 400 will be available in the second half of July and the Scrambler 400 X will be available by October this year

Chetak EV domestic sales grow over 4-fold to 36,260 units: Bajaj Auto

Bajaj Auto's domestic sales of its electric scooter Chetak grew over four-fold to 36,260 units in FY23, with the easing of global semiconductor shortage, according to the company's latest annual report. In FY22, Chetak electric scooter clocked sales of 8,187 units, as per Bajaj Auto's Annual Report for 2022-23. "The global semiconductor shortage that affected the industry, right up to the first quarter of FY2023 also affected the Chetak. Thus, despite market demand, Bajaj Auto could not produce the quantities needed right up to the end of Q1 FY2023," it said. Thereafter, Bajaj Auto said, "the supply-side constraints eased, and we increased the manufacturing of the Chetak". The iconic brand Chetak was re-introduced in the market as an electric scooter in FY2021. In the year ended March 2021, domestic sales of Chetak EV were at 1,395 units. The Chetak is currently sold through 105 dealers present across 84 cities, the report said. In his address to shareholders, Bajaj Auto Chairman

Harley Davidson X440 launch today: Price, specifications, what to expect

The make-in-India focus and effective use of local materials is expected to bring costs down for the Harley, enabling it to offer X440 at a competitive price

Bajaj Auto reports 2% decline in total June sales to 340,981 units

On a year-to-date (YTD) basis, however, the company reported a 10% rise in sales

We will bring vehicles that will run 100% on ethanol soon: Nitin Gadkari

Toyota will launch Camry in August this year which will run 100% on ethanol. The car will also generate 40% electric power

In a bid to drive volumes, Triumph to launch its 400cc bike on July 5

The pricing will play a crucial role in terms of the challenge Triumph can pose to the market leader, Royal Enfield

Bajaj Auto records 29% rise in total sales at 355,148 units for May

Bajaj Auto on Thursday reported 29 per cent rise in total sales at 3,55,148 units in May compared to the same month last year. The company had sold a total of 2,75,868 units in May 2022, Bajaj Auto said in a statement. Total two-wheeler sales stood at 3,07,696 units last month as against 2,49,499 units in the year-ago period, up 23 per cent. Domestic two-wheeler sales were higher at 1,94,811 units as compared to 96,102 units in May 2022, the company said. However, exports were down at 1,12,885 units last month from 1,53,397 units in May 2022, it added. Total commercial vehicle sales rose 80 per cent to 47,452 units last month as compared with 26,369 units in the same period a year ago.

Conventional 2W makers take prime spot in EV sales, courtesy Bajaj, TVS

Ola has said it is ramping up its two-wheeler capacity from 500,000 to 2,000,000 with incremental investment