A series of launches during the past few months has raised demand for Bajaj bikes to new highs. The company is struggling to meet demand, especially for its premium range such as Pulsar, Avenger, and KTM series.

The second-largest bike manufacturer based in Pune is exploring ways to increase capacity at its Chakan plant near Pune to meet demand, an official of the company said.

A slew of launches over the past few months have pushed demand for Bajaj motorcycles to new recent highs, resulting in the company struggling to meet demand, especially for its premium range such as Pulsar, Avenger and KTM series.

India’s second largest motorbike manufacturer is now exploring ways to increase capacity at its Chakan plant near Pune to meet demand, a senior executive told Business Standard.

Bajaj Auto saw sales decline 1.09% to 2,02,042 units in October as against 2,04,281 units in the year-ago month, SIAM said.

Honda Motorcycle and Scooter India (HMSI) saw its bike sales decline marginally to 1,61,585 units as against 1,62,204 units in October last year.

Benchmark indices continue to trade lower weighed down by capital goods, healthcare, IT and metal shares. However, upside among select auto shares have limited the downslide.

Meanwhile, China's factory activity fell for an eighth straight month in October but at a slower pace as export orders flickered into life, a private survey showed on Monday, pointing to continued sluggishness in the world's second-largest economy.

Mumbai: Bajaj Auto Ltd has launched three new motorcycle models based on its Avenger platform as it seeks to resurrect its share in the competitive but slowing domestic motorcycle market.

The three new models include the Adventure Cruise and Street 220, priced at Rs.84,000 each and Street 150 priced at Rs.75,000. The Pune-based firm plans to introduce four models as part of a plan to capture 22% marketshare from the current 19% in the domestic motorcycle market, the company said at a press meet in Mumbai on Tuesday.

The much-anticipated 2015 Bajaj Avenger range is set to make its debut by the end of this month, as the company has started dispatching the first lot of the range to its dealers. In an interview with media recently, Mr Rajeev Bajaj, Managing Director of Bajaj Auto, revealed that there will be three new models in the 2015 Bajaj Avenger Range. Though he didn’t disclose the lineup, spy shots doing round on internet suggest that there will be two trims – Street and Cruise – powered by the same 220 DTS-i engine that does duty on the outgoing model. And unlike rumours, there may not be any 200cc engined model on sale.

Bajaj Auto today reported 3.76% decline in total sales in September at 3,84,400 units as against 3,99,450 units in the same month last year.

Motorcycle sales during the month declined by 4.83% to 3,30,228 units as against 3,47,010 units in September last year, the company said in a BSE filing.

Bajaj Auto, India’s largest two-wheeler exporter, plans to enter the Russian market with its Pulsar range of motorcycles. Bajaj will be the first Indian company to export a mass market motorcycle to Russia. Eicher, which manufactures middleweight motorcycle, is the only domestic player exporting two-wheelers to Russia.

Bajaj recently shipped a few containers of the Pulsar to Russia. “We found the Russian market to have a good potential and found a good local partner to be the country-wide distributor. The distributor is developing the channel to market and service two-wheelers”, said S Ravikumar, president (business development and assurance) at Bajaj Auto.

Bajaj Auto has launched the qualicycle RE60 for export to 16 countries even as the automaker awaits a supreme court verdict before it launches the vehicle in India.

Now called 'Qute, the quadricycle will be exported to Latin America, Africa, Europe and Asia at price of around $2000.

Mumbai: Bajaj Auto Ltd is set to begin exports of the RE60, India’s first quadricycle, after it got all requisite approvals from a European certification agency. The RE60’s launch in India has been delayed due to public interest litigations filed against its launch which are still being heard in the Supreme Court.

Against that backdrop, the go-ahead to begin exports to Europe comes as a significant relief for Bajaj Auto.

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