 "Bajaj eyes 10,000 units exports of Qute")
Bajaj Auto said it was hoping to export 10,000 units of the Qute, its indigenously developed quadricycle, in the current financial year.
In 2015-16, exports of the light four-wheeler closed at 334 units to 19 markets, ranging from Turkey and Russia to Indonesia and Peru. Bajaj is raising output at its Waluj (Aurangabad) factory to meet the export demand, expected at 500-plus units in April.
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“Total export for FY17 are estimated at 10,000 units as the higher safety, lower emissions, and unparalleled fuel economy of the Qute finds favour among two-wheeler and three-wheeler consumers who desire these benefits but cannot afford a car,” said S Ravikumar, president, business development.
On Wednesday, Euro NCAP, a Belgium-based crash test agency, had slammed the four quadricycles it tested, including the Qute.
However, their single-star rating was still higher than the zero star one that some hatchbacks such as the Ford Figo, Hyundai i10, Maruti Alto and Tata Nano were accorded by Global NCAP two years earlier.
