1. Had a robust festive season in terms of sales, expect to start selling 400cc bikes soon: Bajaj Auto

Had a robust festive season in terms of sales, expect to start selling 400cc bikes soon: Bajaj Auto

Stating that Bajaj Auto had a robust festive season in terms of sales, the two wheeler maker on Wednesday said that benefits of new launches will reflect in Q4.

By: | Published: November 2, 2016 12:09 PM
"V-Brand is getting good response from customers. 400cc bikes are high margin products, expect to sell them soon," it said. “V-Brand is getting good response from customers. 400cc bikes are high margin products, expect to sell them soon,” it said.

Stating that Bajaj Auto had a robust festive season in terms of sales, the two wheeler maker told BTVi that benefits of new launches will reflect in Q4. “V-Brand is getting good response from customers. 400cc bikes are high margin products, expect to sell them soon,” it said. When asked about future plans, Bajaj Auto said that it will foray into new markets in next fiscal. Last month, Bajaj Auto today reported a 2 per cent decline in total sales in September at 3,76,765 units as against 3,84,400 in the same month last year. Motorcycle sales during the month went up by 1 per cent to 3,31,976 units as against 3,30,228 in September last year, the company said in a BSE filing. Bajaj Auto’s commercial vehicles sales during the month stood at 44,789 units compared with 54,172 in the year-ago period, a fall of 17 per cent. Its exports in September this year came in at 1,21,173 units as against 1,73,801 a year before, down 30 per cent, the company said.

Its exports in September this year came in at 1,21,173 units as against 1,73,801 a year before, down 30 per cent, the company said. Bajaj Auto is the second-largest player in the Indian two-wheeler industry. Apart from motorcycles, the company manufactures threewheelers and is the market leader in the passenger segment. Bajaj Auto has a significantly large export business.

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