Bajaj Auto monthly sales No. for November, 2007

12406 Investors following Bajaj Holdings. Share this News with them.

0

Like this story, share it with millions of investors on M3

Bajaj Auto monthly sales No. for November, 2007

Bajaj Auto monthly sales No. for November, 2007.

Post your opinion here

 

0

Tweet

Share on Tumblr

ALSO READ See latest News about Bajaj Holdings See previous management interviews See what other Experts & Brokerages are saying about Bajaj Holdings Bajaj Holdings BSE | NSE 25/05/12 Are Mutual Funds betting on Bajaj Holdings?

Bajaj Auto monthly sales No. for November, 2007 

1. Bajaj motorcycle retail, notably of the Bajaj XCD 125 DTS-Si and the Bajaj Platina, continues to be brisk even post festive season.  However, billing has been constrained by the lower production arising out of Plant closures during Diwali.  
2. The capacity expansion for the Bajaj XCD 125 DTS-Si to 75000 units per month will be completed in December 2007.  Consequently, it is expected that from this month onwards motorcycle sales will once again show positive year on year growth.  
3. The 125 cc - 250 cc motorcycles now represent close to 50% of the motorcycle industry, and Bajaj's leading market share in this profitable segment is expected to be even greater with the expansion of the Bajaj XCD 125 DTS-Si.  
4. The continuing de-growth in 3-wheelers reflects the sluggish state of that market.  
5. Exports continue to exhibit strong growth.