Company made about 5,000 BS-III Pulsars in February
Pune headquartered Bajaj Auto is celebrating. The country's most profitable two wheeler maker claims to have surpassed volumes sold by market leader Royal Enfield in the 350-500cc motorcycle segment in February with Dominar, a 400cc motorcycle it launched in December. Royal Enfield, however, says Bajaj is celebrating too early. Bajaj has sold about 3,000 units of Dominar a month this calendar year and is drawing a comparison with the February volume of Royal Enfield in the 350-500 cc segment when the bullet maker did wholesale volume of 2,602 units. Eric Vas, the president for motorcycle business at Bajaj said, "We have already overtaken Royal Enfield in the 350-500cc segment. They used to sell average of 5,000 units a month until few months ago". Vas claims that two out of every ten Dominar was sold to customers who owned a Royal Enfield. "Some have sold it to buy Dominar and some have bought it as their second bike". He added that there has been a decline in the waiting period of ..
Bajaj Auto blasted the automobile industry's call for deferring the new emission norms
With effect from January 2017, all products from its three plants are BS-IV compliant
BSIV Pulsar RS200 is available in both ABS and non-ABS variants
Total sales stood at 2,41,917 units from 2,93,939 units in the corresponding period in 2016
Whether raw material costs can be kept benign needs to be seen
Bajaj owns 49 per cent stake in the Vienna Stock Exchange-listed KTM since 2013
KTM sales have clocked at 46 per cent on a CAGR basis, says Amit Nandi
Motorcycle sales in December decreased by 18% to 2,03,312 units from 2,47,782 units in the same month in 2015
The stock was down 2% to Rs 2,581, falling 3% from early morning high on the BSE
Bajaj opened the booking for the Dominar 400 online with an amount of Rs 9,000 and deliveries will begin by January
Motorcycle sales during the month fell by 12% to 2,37,757 units
Exactly 15 years back in November 2001 it had launched Pulsar which went on to define the sports motorcycle market in India
Bajaj Auto's commercial vehicles sales during the month stood at 48,276 units compared with 44,089 units in the year-ago period
Shares of Bajaj Auto were trading 0.96 per cent up at Rs 2,791 on BSE
Bajaj Auto is targeting a market share of 22-23 per cent in the motorcycle segment by end of the current financial year
Company hopes new launches will boost its domestic sales
Company refuses to reinstate eight dismissed workers
Wage agreement talks for April 2016 to March 2019 period have been going on for the last six months