Bajaj Auto KTM

Austrian bike maker KTM on Saturday said the judicial restructuring of its holding firm Pierer Mobility AG has no impact on business related to products co-developed with Bajaj Auto for Indian domestic market and select export markets. However, it is impacting business of Pierer Mobility AG/KTM AG that is run out of Austria, including exports from Austria, India and China to its key markets in the US and Europe. On November 26, given the immediate liquidity constraints, the Executive Board of KTM AG has decided to file an application for the initiation of judicial restructuring proceedings with self-administration over the assets of KTM AG and its subsidiaries KTM Components GmbH and KTM F&E GmbH, the company said in a statement. All other subsidiaries of KTM AG, in particular all sales companies, are not affected, it added. "It is to be noted that the aforesaid matter has a bearing on the business of Pierer Mobility AG/KTM AG that is run out of Austria," the company said. These .

The fall in Bajaj Auto share price came on the back of weak domestic sales, which tanked 8 per cent year-on-year (Y-o-Y) to 3,03,831 units in October 2024, from 3,29,618 units in October last year

May auto sales preview: Nomura analysts expect passenger vehicle (PV) wholesales to grow by 6 per cent on a year-on-year (Y-o-Y) basis to 355,000 units.

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Bajaj Auto reported the highest-ever domestic commercial vehicle sales in October 2023, which were up 39%

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Bajaj Auto Ltd on Monday said it has reached an agreement its Austrian partner Pierer Industrie AG for simplifying their shareholding pattern in premium bike maker KTM

Premium motorcycle brand and a part of the Bajaj Auto Group KTM extended the service and warranty periods of all its bike models in the country till July 31 in view of the raging pandemic

With a customer base of over 270,000 lakh, India is the largest market for KTM globally

In April-June, the company sold 1,85,981 units in the domestic market, down 69.55 per cent from 6,10,936 units in the same period last year

Notwithstanding slowdown in the broader two-wheeler market, Bajaj envisages sales of KTM motorcycles to grow by a third in 2019-20

Bajaj Auto has over the last eight years cumulatively earned Rs 13.11 billion in profit share