| Contact Details |
| Head Office: | Bajaj Auto Limited Akurdi Pune, MH, 411035 Phone : +91-20-27472851, 27476151
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| News |
Bajaj Auto, TVS Motor offer zero-interest loans to woo customers Posted on 6th August 2019 |
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With sales subdued and inventory with dealers piling up, two-wheeler makers like Bajaj Auto and TVS Motor have started facilitating zero-interest loans in select states to woo buyers. Meanwhile, Hero MotoCorp has dropped the interest on loans to 7% from the prevailing 10-12%. Manufacturers are offering these soft loans via their finance arms — TVS Credit, Hero FinCorp and Bajaj Auto Finance. The offer is currently available in some markets. Read More |
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Bajaj Auto Q1 PAT up a tad at Rs 1,126 crore Posted on 27th July 2019 |
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Bajaj Auto on Friday reported a 1% Y-o-Y increase in its profit after tax (PAT) to Rs 1,126 crore for the quarter ended June 30. There was a 27% Y-o-Y rise in other income to Rs 441.25 crore that aided the growth in PAT. Bajaj Auto’s profit before tax fell 2% to Rs 1,579 crore. Total turnover grew 5% to Rs 8,197 crore while revenue from operations was up 4% to Rs 7,756 crore. The Ebitda got reduced by 9% to Rs 1,250 crore while the Ebitda margin contracted by 250 basis points Y-o-Y to 16.1%. Read More |
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Bajaj Auto, TVS Motor reduce prices to combat subdued sales Posted on 24th July 2019 |
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In an effort to combat subdued sales, Bajaj Auto and TVS Motor Co are taking measures like trimming prices by anywhere between Rs 500 and Rs 2,000 on some products. For their part, some dealers are also sacrificing a part of their margins. Prices of two-wheelers have risen over the past year on several counts, including higher insurance costs and because vehicles needed to fitted with anti-lock braking systems from April 1, 2019. Read More |
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BS-VI transition may lead to dumping of old stock: Bajaj Auto Posted on 1st July 2019 |
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New Delhi: Terming the transition to Bharat Stage VI (BS-VI) emission norms from April next year as "joker in the pack", Bajaj Auto Ltd has cautioned that there could be dumping of old BS-IV stock in the domestic market, triggering an "unwarranted price war" in the second half of the ongoing fiscal. Read More |
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BS-VI transition may lead to dumping of old stock: Bajaj Auto Posted on 29th June 2019 |
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New Delhi: Terming the transition to Bharat Stage VI (BS-VI) emission norms from April next year as "joker in the pack", Bajaj Auto Ltd has cautioned that there could be dumping of old BS-IV stock in the domestic market, triggering an "unwarranted price war" in the second half of the ongoing fiscal. Read More |
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