Bajaj Auto, which was negotiating with top European motorcycle brand Triumph for an alliance/acquisition, has now decided to put those plans on hold and instead focus attention on KTM. Bajaj will increase its holding in KTM, Europe’s second largest sport motorcycle maker, from the current 25% to around 30% by early next year. Welcome to Motorbeam, We [...]
Continue reading...15. December 2008
Bajaj Auto Ltd has increased its stake in Austrian sports bike maker KTM to 25% and is planning to go for more. Bajaj had last year announced acquisition of 14.5% stake in the Austrian firm for about Rs 300 crore. It was further increased to 20.9 per cent earlier this year.
Continue reading...10. December 2008
Bajaj Auto has cut prices of its vehicles by up to Rs 4,400 on account of four per cent reduction in CENVAT. The prices of two-wheelers have been reduced by up to Rs 2,100, while that of three-wheelers have been cut by up to Rs 4,400, Bajaj Auto Ltd (BAL) said in a statement.
Continue reading...3. December 2008
Bajaj Auto Ltd, India’s second-biggest motorcycle maker, would launch 6 new bikes in the first six months of 2009 to revive sales that fell 37 per cent in November.
Continue reading...17. September 2008
Two wheeler major Bajaj Auto has said that the company has no plans for introducing any new sub brands of its low cost bikes.
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26. December 2008
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