Japan's Kawasaki Motors plans to tap long-time partner Bajaj Auto's vendors for putting together its high-end motorcycles for the global market.
The Maharashtra government can do little beyond using its good offices to pursue the Bajaj Auto management to revive production at its mother plant in Akurdi, near Pune.
French automotive giant Renault and India's second largest two-wheeler maker Bajaj Auto has confirmed that they are holding talks for assessing 'very competitive vehicles' for the Indian market.
According to industry sources, the company has contacted customers who bought the 125cc XCD to replace faulty electronic components for self start and head lamps along with a part of 'noisy' centre-stand.The company had last month launched the 125cc XCD, which it claims clubs features of a 150cc bike with the mileage of a 100cc motorcycle, at Rs 41,000 (ex-showroom).
Bajaj plans to double his share in the global market in three years.
Bajaj Auto expects to launch its small car in the next four years in partnership with Renault and Nissan.
Fuel efficiency was the platform that had been built by the market leader in the segment, fun was the Discover domain. By diluting the message, the brand lost its old customers and pushed potential buyers into the leader's fold.
Bajaj Auto said it did not want to shut down its Akurdi plant and had no intention to use the Akurdi land for any purpose other than the company's automotives business.
Declining sales and sliding margins are compelling two-wheeler makers such as Bajaj Auto, Hero Honda and TVS Motors to rejig strategy, to cope with the slowdown.
Leading carmakers Maruti Suzuki, Hyundai and Tata Motors reported robust dispatches to dealers in May on the back of strong demand for passenger vehicles across regions, even as the global semiconductor shortage continued to impact production. Mahindra & Mahindra, Kia India, Toyota Kirloskar Motor, Honda Cars and Skoda also witnessed strong demand for their models last month. The month of May also witnessed Tata Motors race ahead of Hyundai in terms of domestic wholesales.
With tax sops kicking in after the opening of its plant in Uttarakhand, two-wheeler major Bajaj Auto has slashed prices of its 100 cc model Platina by Rs 3000, ahead of its planned exit from the segment.
Facing the heat over the prospect of Tatas' Rs 1 lakh car affecting the two-wheeler market, Bajaj Auto on Monday said it may build cars to ward off the threat.
Two wheeler giant Bajaj Auto is all set to be carved into separate auto and finance entities, to be headed by group chief Rahul Bajaj's sons Rajiv and Sanjiv respectively.
After ruling the entry level segment with its 100cc motorcycles, the country's second largest two-wheeler maker Bajaj Auto Ltd has decided to exit the segment owing to relatively lower margins.
The ultra-low-cost small car being jointly developed by Bajaj, Renault and Nissan is expected to hit Indian roads by 2010. Renault and Nissan CEO Carlos Ghosn, who was on a visit to Bajaj Auto in Pune on Monday, said that he hoped the prototype of the car will be completed by the end of this year. The car is expected to cost US $3,000 and will compete with Tata Motors' Rs 1 lakh car due next year.
India's leading motorcycle maker Bajaj Auto on Monday introduced the new Discover 112 cc, looking to increase its market share in the 'Executive' segment of motorcycles in the domestic market.
"We expect to capture the top position in the premium segment with the new bike. We are also working on another bike in the premium segment," Hero Honda managing director Pawan Munjal told reporters in New Delhi.
The country's second-biggest bike maker Bajaj Auto today said it will launch CNG
Those that are developing quadricycles from scratch say it will take them at least two years to roll them out.
Euro NCAP had said it was disappointed to see quadricycles, including the Bajaj Qute, lack basic safety features.
Denying he was charting out succession plans for his two sons, Bajaj Auto chairman Rahul Bajaj on Monday said work was being divided between the two brothers - Rajiv and Sanjiv - for operational efficiencies.
Automobile company Tata Motors, metals and mining major Vedanta, oil marketing firm Bharat Petroleum Corporation (BPCL), private sector IndusInd Bank, and two-wheeler major Bajaj Auto have witnessed their market cap slip below the Rs 1-trillion mark this year.
Bajaj Auto on Friday reported a 36 per cent increase in its motorcycle sales for November at 2,14,321 units compared to 1,57,831 units in the same month last year.
Bookings have already begun and after Colombia, Bajaj Auto plans to take Pulsar 200 NS to the European markets by the year end
'Rahul Bhai was well known for speaking the truth.' 'He did not accept anything he considered wrong.'
The two-wheeler industry marked its first fall in 11 months in November with sales of 1.24 million reporting a fall of nearly six per cent compared to the same month last year
Bajaj Auto said it was "concerned" that the Japanese auto giant Honda may have an "aggressive pricing strategy" with its planned entry into the country's motorcycle market in October. Bajaj also launched the CT 400 bike.
Bollywood star Shah Rukh Khan revelas his passion for biking.
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