MoneyWorks4Me

Bajaj Auto inks pact with Kawasaki: Report

18 Sep 2012 Evaluate

Bajaj Auto, country’s second largest two-wheeler maker’s inked pact with Kawasaki by entering into a marketing alliance to tap the Asian market, with a potential of four million vehicles per annum, as mentioned in a media report. The alliance will start work from Indonesia.

Company’s monthly sales excluding exports for August 2012 dipped by 10% at 3,44,906 units against 3,82,739 in the same month last year.  The exports for the month declined by 5% and the number of units sold were 1, 31,562 units against 1, 38,225 in the same period last year. The 3-wheeler exports were 22,300 units indicating near normalcy in Srilankan and Egyptian markets.

Peers
Company Name CMP
Bajaj Auto 10009.10
TVS Motor Company 3964.05
Hero MotoCorp 5087.85
Eicher Motors 6979.45
OLA Electric Mobilit 36.90
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