Bajaj Auto Ltd.

Bajaj Auto will be unveiling its new 100cc motorcycle on January 7, 2013. According to the company, this bike is expected to be the most technologically advanced 100cc bike in the country, which would be priced higher than the competition. As of now, there are 13 motorcycles in the 100-110cc space with Mahindra looking to add one more in the coming days and Bajaj themselves offering two.

Bajaj Auto registered a 13% rise in its total vehicle sales (excluding exports) in the month of December. The company sold 3, 43,946 units in December 2012 as compared to 3,05,690 units in the same month last year, while the company’s sales from export surged by 5% to 1,26,016 units from 1,19,708 units in December 2011. The company sold 45,596 units of Commercial Vehicle (CV) in December 2012, registering gains of 9% as compared to 41,991 in December 2011. Moreover, the total motorcycle sales for the month also surged 13% at 2, 98,350 units from 2, 63,699 units.