Page 8 - Bajaj Auto

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

TVS Motor, Bajaj-Auto: Auto index hits record high, may rise up to 5%

Selective automobile stocks may soar up to 15%, show charts

EV subsidies flawed and unfeasible, says Bajaj Auto MD Rajiv Bajaj

'Unimaginative govts throw money at manufacturers'

Top headlines: Go First blames lessors, Vedanta balance sheet in stress

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Semiconductor chip prices are up 50%: Bajaj Auto EV head Eric Vas

When asked if the 50% increase was high, he replied: "Yes. But at least you are getting the stuff (chips). It is obviously at the cost of someone else"

EV push, pent-up demand: Why auto exports fell in April amid healthy sales?

According to experts, it may take some time for auto exports to touch 2016 peak numbers

Bajaj Auto sales jump 7% to 331,278 units in April, exports fall 43%

Domestic sales more than doubled to 213,172 units in April this year from 102,177 units in the same month last year

Subsidies corrupt decision-making processes: Bajaj Auto executive director

Some Indian electric vehicle (EV) makers are facing a probe for alleged non-compliance with the standards required to be eligible for FAME-II subsidies because of insufficient domestic value addition

Bajaj Auto to boost Chetak's production to 10,000 units a month by June

Bajaj Auto Ltd is ramping up production of its electric scooter Chetak to touch around 10,000 units a month by June, having overcome supply chain constraints as it gradually expands the sales network of the brand, according to a senior company official. The company plans to have around 150 exclusive outlets for the Chetak electric scooter by September, and is taking a calibrated expansion keeping in mind the uncertainty over the extension of FAME II scheme for promotion of electric vehicles beyond this fiscal. "We are trying to get to 10,000 (units) by June. It is a supply chain issue," Bajaj Auto Executive Director Rakesh Sharma said here on the sidelines of opening of an exclusive Chetak showroom. The company has reached 5,000 units at present and next month, it will try to get to 7,000 units, he said, adding after that Bajaj Auto would assess how the demand is coming to plan future production roadmap. Sharma said the company had faced problems earlier due to over dependence on .