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Bajaj Auto aims to sell three lakh three-wheelers in FY17

20 Apr 2016 Evaluate

Bajaj Auto is aiming to sell three lakh three-wheelers in the current fiscal, a growth of over 17% over the last fiscal. The company sold 2,54,967 three-wheelers during the 2015-16 fiscal.

During 2015-16, the company launched a new range of diesel vehicles which was well received by customers. The company saw its diesel passenger vehicles sales grow by 6% while the industry three-wheeler diesel passenger vehicle sales fell by 2%.

Bajaj Auto is a $2.3 billion company founded in 1926. It is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.

Peers
Company Name CMP
Bajaj Auto 10020.00
TVS Motor Company 3988.00
Hero MotoCorp 5074.80
Eicher Motors 7050.00
OLA Electric Mobilit 35.96
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