Bajaj Auto's October sales were exactly in line with street estimates with domestic commercial vehicle sales being the highest ever for the company. In an interview to CNBC-TV18, Kevin Dsa, President-Finance, Bajaj Auto spoke about the latest happenings in his company and sector.
Sri Lanka’s budget is due next week and usually before that these kinds of reports come, said S Ravikumar, President of Business Development and Assurance, Bajaj Auto.
Bajaj Auto has partnered with Triumph to make mid-capacity motorcycles.
Bajaj Auto sales for July have come in below expectations. In an interview to CNBC-TV18, S Ravikumar, President, Business Development, Bajaj Auto spoke about the latest happenings in his company and sector.
Every single customer is satisfied with Dominar and the company expects to sell 10,000 units per month (domestic and export) by March 2018, said S Ravikumar, President - Business Development, Bajaj Auto.
In an interview to CNBC-TV18, S Ravikumar, President-Business Development at Bajaj Auto spoke about the latest happenings in the company.
In an interview with CNBC-TV18, S Ravikumar, President-Business Development at Bajaj Auto spoke about the numbers and the latest happenings in the company.
Hopefully, in April things should normalise except that there will be a slight dip in demand thanks to all the preponement of sales in last month, said Rajiv Bajaj, MD, Bajaj Auto.
As a company, we have taken a stand that in the long-term we go with global safety standards and global emission standards, said Vikram Kirloskar, Vice Chairman, Toyota Kirloskar Motor.
The demonetisation impact has not fully subsided and two-wheeler companies might continue to feel the pain for few more months, according to S Ravikumar, President - Business Development at Bajaj Auto.
As part of a new emissions regime, automakers are expected to roll out compliant vehicles from April 1. But the deadline has the industry divided.
If the norms are delayed then companies who have been complacent would get the cost/price advantage, said Rajiv Bajaj, MD, Bajaj Auto.
Speaking to CNBC-TV18, Rajiv Bajaj, Managing Director of Bajaj Auto, said that while the industry had been badly hit by note ban, his company had been ready with BS-IV products since January.
Speaking to CNBC-TV18, S Ravikumar, President - Business Development at Bajaj Auto said that the impact of demonetisation is likely to play out in the fourth quarter of FY17 as well.
Speaking on specific companies, Ashwin Patil of LKP Securities believe that Maruti Suzuki will see momentum retune in future with line-up of new models. Maruti saw a 1 percent decline in sales in December.
Bajaj Auto reported a 22 percent decline in sales to 2.25 lakh units in December due to demonetisation impact. No respite is visible yet from the cash crunch, said S Ravikumar, President â€“ Business Development at Bajaj Auto.
Rajiv Bajaj, Managing Director at Bajaj Auto does not believe its new 400cc bike Dominar is priced aggressively. In fact, he thinks the price is 'logical'.
It is tough to ascertain when sales will pick up as the demonetisation pain could continue for few more months says S Ravikumar, President - Business Development at Bajaj Auto.
Eric Vas, President of Motorcycle Business at Bajaj Auto, said that post demonetisation there has been a significant decline in the sales of 2-wheelers. It was 50 percent in rural India and 25 percent in urban areas.
Commenting on the sales performance, S Ravikumar, President â€” business development â€” at Bajaj Auto said the company saw muted sales during Dussehra but picked up in the run up to Diwali. He expects new launches lined up in November and December to boost volumes and the company is targeting 24 lakh in domestic volumes by FY17-end.
Speaking to CNBC-TV18, Ravi Chawla, MD of Guld Oil said that they have 8-9 percent share in the Bazaar market and the company expect this to increase by 1-2 percent on back of the tie-up in next 2-3 years.
Ramesh Damani‘s popular Wizards of Dalal Street is back, and this time Damani interviewed Rahul Rathi, MD & Chairman of Purnartha Investment Advisors. Rathi spoke about his two styles of investing: Invest in a business, and the other strategy is to invest in the businessman.
In an interview to CNBC-TV18, S Ravikumar, President-Business Development at Bajaj Auto spoke about their September auto sales numbers.
Speaking to CNBC-TV18 Rajiv Bajaj, MD of Bajaj Auto said industry didn't have a good run last year during Onam. The biggest issue for us is Nigeria, where were doing 40,000 motorocyles a month and now we are down to 15,000.â€ He said it was hard to predict what might happen.