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Bajaj Auto Plans Africa & Europe Entry

June 4th, 2009 | No Comments | Posted in Uncategorized

Bajaj Auto is exploring markets in Africa and Europe for its motorcycles, particularly the Boxer, CT100 and the Pulsar. The company, which exported more than 6 lakh motorcycles, is seeing rising sales of the low cost Boxer and CT100. Bajaj is taking a step ahead in registering the Pulsar brand name in countries before it begins marketing the motorcycle.

“We have had instances in the past where companies had registered the Pulsar brand in their names when they realised we were coming. So, we are selling the bike under the Pulse brand in Iran and as the Rouser in the Philippines,” Ashok Saxena, general manager of Bajaj Auto’s international business said.

[Via: motorbeam]

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Bajaj Auto Q4 net profit down 49.79%

May 22nd, 2009 | No Comments | Posted in Uncategorized

Bajaj Auto has reported a 49.79% decline in its net profit, at Rs 69.14 crore, for the period January-March 2009. The company had earned a net profit of Rs 137.71 crore in the year-ago period.

At 375,439 units, Bajaj’s sales sales were down 22% during Q4 FY 2008-09, as compared to 482,912 units sold in the corresponding period last year. Consolidated total income during the quarter was down 8.61%, at Rs 1,883.27 crore, as compared to Rs 2,060.61 crore in Q4 FY 2007-08.

Bajaj Auto sold a total of 1.91 million two-wheelers during FY 2008-09, as compared to 2.1 million units during the year-ago period, a decline of around 11%. However, Bajaj is working on various things to remedy the situation. The company is working on a brand-new scooter with which it expects to be able to take on the Honda Activa, which is the biggest bestseller in its segment.

Bajaj is also pushing ahead with its made-in-China budget bikes for some of its exports markets. For India, the Pune-based company is all set to launch a new range of bikes, developed in collaboration with KTM, by early 2010.

[Via: indiaautomotive]

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Bajaj DTSi Transformers Commercial

April 23rd, 2009 | No Comments | Posted in Uncategorized

Bajaj DTSi Transformers Commercial

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