Snehal khanna Blog

When asked about product segment that the alliance would be in, D'sa said it would be in motorcycles LATEST NEWS  : Bajaj Auto is close to forming an alliance but the name of the other party would be announced once the formalities were completed, Chief Financial Officer Kevin D'sa told analysts at a post-earnings call on Friday. The comment, initially made at Bajaj Auto's annual meeting late on Thursday, sparked speculation in local media that the Indian motorbike manufacturer may be close to a partnership or deal with iconic European motorcycle brand Ducati, which is being sold by Germany's Volkswagen. Reuters on Thursday reported that besides Italy's Benetton family and US buyout fund Bain Capital, Indian firms Eicher Motors and Bajaj Auto have also bid for Ducati. When asked on the earnings call whether reports on an alliance were true, D'sa said, "Whatever media statement has come out is factually correct. There is an alliance aro...

Scooters captured more than one-third of domestic two wheeler market for first time in over a decade LATEST  NEWS     : Think about the slowest growing segment of Indian automobile industry. It is not the three-wheelers or the commercial vehicles. It is the motorcycle , the biggest segment of the industry by volume, marked by top players like Hero MotoCorp, Bajaj Auto and Honda. Society of Indian Automobile Manufacturers (Siam) data shows that the Indian motorcycle market has grown by less than six per cent cumulatively since FY14. In the same period, domestic passenger vehicle market expanded by 20 per cent, commercial vehicles grew by 13 per cent and three-wheelers by 12 per cent. The volume of motorcycles, the largest segment by units sold, has remained stuck between 10 and 11 million units a year in last four years. While two consecutive deficient monsoons (2014 and 2015) were a factor, the larger impact is coming from a shift towards scooters. ...

Launch expected to strengthen company's leadership in sports motorcycles Latest news    :  Bajaj Auto on Friday announced the launch of 160cc Pulsar NS160 in the country, priced at Rs 80,648 (ex-showroom, Mumbai). The new generation Pulsar NS 160 caters to the fast- growing segment of customers who seek premium quality, international style and performance, Bajaj Auto said in a statement. "The new generation Pulsar NS160 offers a combination of raw power, aggressive styling and superior performance that no other bike in its segment can match," Bajaj Auto President, Motorcycles, Eric Vas said. The bike is designed to cater to the young and dynamic motorcycle enthusiast who is "evolved, restless and demands performance and style in his everyday riding routine", he added. "Today, 70 per cent of the sports biking segment is dominated by the 150-160 cc motorcycles. The NS160 will target a fast-growing segment of customers who want to stay ...