Bajaj Auto shares drop 5% after 8% dip in October sales
Bajaj Auto's domestic sales fell to 3.03 lakh compared to 3.29 lakh in the same period last year; domestic two-wheeler sales also dipped by 8% to 2.55 lakh
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November 2024
October 2024
September 2024
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India entering cyclical slowdown: Nomura
Unlike car sales trends, the sales of two- wheelers and tractors are generally considered an indication of the health of the country’s rural economy
Bajaj Auto shares skid 11% post Q2; here’s why
The sentiment was dented after Bajaj Auto trimmed its growth outlook for 2W sales in India to 5%, at the lower end of its previous estimate of 5-8%.
Bajaj Auto Q2 profit jumps 9.2% to ₹2,005 cr
Bajaj’s Chetak electric scooter volumes trebled year-on-year to 70,000 units in the second quarter.
Ola Electric sales fall for second month in a row
Bajaj Auto sold 18,933 electric scooters in September, taking over TVS Motor as the second-largest electric two-wheeler player during the month.
TVS Motor to launch CNG two-wheelers after Bajaj's roaring success
TVS already makes CNG-powered autorickshaws. Bajaj Auto has sold 8,740 CNG motorbikes since launch in July.
Electric scooter registrations fall in August
Ola Electric clocked registrations of 27,518 e-scooters in August, down 34% compared with 41,624 units in the previous month.
Bajaj Auto Q1 profit zooms 18% to ₹1,988 crore
Revenue from operations stood at ₹11,928 crore in the first quarter, up 16% on the back of robust vehicle sales and record spares revenue.
Want to return the favour to Hero Honda: Rajiv Bajaj at CNG motorcycle launch
"The favour that Hero Honda did to us in 1993, 30 years later we want to return the favour to Hero Honda," says Bajaj Auto managing director Rajiv Bajaj.
EVs haven't taken off despite subsidies: Rajiv Bajaj
Despite the government pouring so much money into electric vehicle subsidies, there is only 5% EV penetration in two-wheelers, says Bajaj Auto MD Rajiv Bajaj
