The new generation KTM bikes, which are proposed to be developed on new platforms and engines will be manufactured at Bajaj‘s manufacturing facility at Chakan in Pune.
S Ravikumar, President -Business Development, Bajaj Auto says "Our distributor in Argentina had anticipated this situation and this depreciation was fully factored in".
Nadir Godrej, MD, Godrej Industries said, although one is happy that something is moving forward in terms of GST, the standard rate recommended is on the higher side.
Dsa says the company lost some numbers in Nepal because of the disturbance in that country. He says the response to the new Avenger series has been encouraging, and there have been 7000 bookings already
S Ravikumar, President - Business Development, Bajaj Auto, says the company plans to launch three new Avengers in October.
Sanjiv Bajaj of Bajaj Finserv says he is comfortable with the current levels of margins and had a good second quarter with respect to topline growth
Bajaj Auto Managing Director Rajiv Bajaj says the RE60 quadricycle, christened Qute, will be produced at its Aurangabad unit, that has total capacity of 55,000 units.
The company's August exports are at record high as the company sold over 180,000 units overseas.
While July has been a lean month for two-wheeler maker Bajaj Auto, S Ravikumar, president- business development, says the company's domestic market share has improved to 19 percent in the month.
S Ravikumar, president-business development, Bajaj Auto see robust exports in the month of July and expects sales to be in region of 160,000 units.
June 21 will be celebrated as International Yoga Day. In an exclusive to CNBC-TV18, Rajiv Bajaj, managing director, Bajaj Motors, a yoga practitioner himself, shares the lessons he's learnt with Yoga guru, BKS Iyengar.
Kevin DSA of Bajaj Auto said the entire industry has been looking forward to GST and the passage of this constitutional amendment bill in the Parliament is a very good beginning.
In an interview to CNBC-TV18, Rajiv Bajaj, MD, Bajaj Auto, said there has been a visible improvement in demand and that the existing capacity at Chakan may fall short in 12-18 months.
Bajaj Auto has unveiled the new Pulsar series of bikes — the A-S 150 and the A-S 200 — that aim to target buyers looking for an affordable adventure sport bike, says Ashmit Kumar of CNBC-TV18.
Rajiv Bajaj, MD, Bajaj Auto said acute situation in two key markets, Nigeria and Sri Lanka, is to be blamed for negative export growth in February.
JV Adhia, VP Accounts & Finance, Atul Auto and Basudev Banerjee, AVP-Research, Antique Stock Broking spoke about the outlook on the auto space with Anuj Singhal and Latha Venkatesh on CNBC-TV18.
The company‘s Managing Director Rajiv Bajaj said sales were impacted by the hike in excise duty, and also that the domestic market for motorcycle remained sluggish.
Vikram Kirloskar believes the auto industry grew just 2-3 percent last year but this year it is expected to double its growth to around 5 percent.
Rajiv Bajaj, managing director of Bajaj Auto believes that the company should not have communicated Discover as a 100cc brand. It was always positioned as a 125cc motorcycle.
Rajiv Bajaj, managing director, Bajaj Auto says the company‘s inventory level currently stands at 4-5 weeks and it will meet its 4 lakh unit sales target by the fiscal-end.
P Vijayaraghavan, director at TVS Srichakra says the company registered a growth of around 20 percent in the second quarter over the year-ago period.
Rajiv Bajaj says festive season sales have been good, but not extraordinary. Total sales for October stood at 3.86 lakh units versus 3.99 lakh units m-o-m, with Discover 150cc sales at around 28,000 for the month.
Speaking to CNBC-TV18's Siam president Vikram Kirloskar said the two-wheeler space has improved tremendously and so have exports. "The auto sales are a mixed bag, while commercial vehicles continue to slow down," he said.
Honda is concentrating on expanding its leadership in the scooter segment, which is the only segment leading the industry growth.
In an interview with CNBC-TV18, Rajiv Bajaj said the auto market is finally seeing signs of bottoming out and that the company is looking to add to its 19 percent market share with new models such as its recently-launched next-generation Discover 125cc.