-96.30 (-1.01%) 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.