Fifteen years after Tata Motors first mooted the idea with its micro car ‘Zing’ at the Delhi Auto Show, quadricycles are set to become a reality for the domestic automobile industry.
Bajaj Auto Managing Director Rajiv Bajaj has been fighting a year-long battle to get permission from the government to allow quadricycles as a new vehicle category, despite strong opposition from the Tatas and Maruti Suzuki.
We have marginally tweaked our earning estimates for FY2014 and FY2015 to factor in a little higher than expected revenue and other income in Q4FY2013. We expect the sales volume growth of the cigarette business to remain subdued in FY2014. However, the
There's no doubt that net profit is a key measure of a company's performance, but at times, it isn't the most important factor in a company's quarterly report card.
Weak demand and adverse product mix impacted Pune-based Bajaj Auto, India’s second biggest two-wheeler manufacturer, to post a 0.77 per cent dip in net profit for the quarter ended March 31, 2013.The company reported a net profit of Rs 766 crore for
A day after Tata Motors Managing Director Karl Slym questioned the need for quadricycles, Pune-based Bajaj Auto, which is pioneering the quadricycle project, said its RE60 wasn’t a low-cost car.
Country's third largest two-wheeler maker Bajaj Auto today said it has raised the prices of its entire range of motorcycles by up to Rs 500 due to rise in logistics and other expenditures.
Bajaj Auto, India's second-largest two-wheeler manufacturer, emerged as a favourite among Foreign Institutional Investors (FIIs) during the quarter ended March, 2013 despite the sector facing one of its worst period.
Two-wheeler maker Bajaj Auto Ltd today said it has launched a premium motorcycle Ninja 300 from its partner Kawasaki, priced at Rs 3.50 lakh (ex-showroom Delhi).
Bajaj Auto, India’s second largest two-wheeler maker, said it is ready to launch its quadricycle, RE60 (project code), in India, as soon as the government issues regulations for this type of vehicle, a first in India.
The downturn in the domestic automotive segment, which started in November 2012, continued in March 2013. The economic slowdown and increased fuel prices have put pressure on the demand.
Bajaj Auto is trading lower by 2% at Rs 1,752 after reporting 10% year-on-year (yoy) drop in total sales at 301,231 units for the month of March 2013. The country’s second largest two-wheeler maker had sold 335,515 units during the same month
Domestic motorcycle industry to remain subdued in near term: The domestic motorcycle industry remains sluggish. Weak macro-economic conditions and higher fuel prices have affected the demand for motorcycles.
Pune-based Bajaj Auto, India's third biggest domestic two-wheeler seller, is targeting 27-30% share of the local motorcycle market based on a series of launches planned in the coming months.
Piaggio Vehicles, the Pune-based scooter and light commercial vehicle manufacturer, is entering the city three wheeler market with its new product Ape City, to challenge market leader Bajaj Auto.
Bajaj Auto is trading lower by around 3% to Rs 1,972 after reporting 3.3% year-on-year (yoy) fall in total sales at 332,997 units in February 2013, a sharpest fall in past five months.
