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Sunaina Kejriwal is daughter of Rahul Bajaj (prominent Indian industrialist and member of the Indian Parliament; he US$ 1.32 Billion Bajaj Auto is his flagship company)
Bajaj is negotiating with the French company Renault to produce a car in 3000 dollars in India. Turnover forecast 2007: 1.7 billion euros. History The Bajaj group, founded in 1926, is among the ten largest companies in India. Bajaj Auto is itself the fourth largest two-wheeler and Troy-wheelers and has extensive operations across several countries in Latin America, Africa, Middle East and South Asia and South East. Development In May 2010, Bajaj Auto announced a partnership with Renault-Nissan to rival Tata Nano model Motors. The objective is to market a low-cost vehicle for the Indian market at around Rs 112,000, from 123,000 to 172,000 rupees cons for Nano1. In January 2011, the branch of two-wheeled Bajaj Auto announced a new kind of loan to finance the purchase of a motorcycle. The aim is to target the rural population whose penetration is still particularly low, and thus catch up against the first seller's market, Hero Honda2. Mills Bajaj Auto has three plants. The Waluj plant in Maharashtra state, produces some of the vehicles motorbikes and commercial vehicles. The other two plants are located in the state of Maharashtra. That of Pant Nagar, a suburb of Mumbai and Chakan produce exclusively that of two-wheeled vehicles. ---- Renault and Bajaj Auto discuss really It was only a rumor is now official by Renault cheap car the future of the diamond will be conducted in collaboration with Bajaj Auto. At least, if the negotiations succeed. ---- The Renault-Nissan Alliance and Bajaj Auto Ltd. confirm the growing of a new vehicle July 12, 2010 By The Car Guide The new triumvirate consisting of Renault, Nissan and Bajaj Indian intend to provide by 2013 a small car whose mission is to address the Tata Nano, the cheapest car in the world. Évedemment Provided that the latter is still available at that time. Thus, the Indian motorcycle giant Bajaj Auto Ltd. will start making cars on four wheels with the complicity of the Renault-Nissan. The statement issued by Renault-Nissan ------------------------------------- In November 2009, the Renault-Nissan and Bajaj Auto Ltd. announced their intention to join forces to develop a new vehicle with four wheels, intended for the Indian market and other emerging markets. Today, the signing of a Memorandum of Understanding between the two partners is an important milestone for this project. The agreement follows discussions between the two partners on the product, the manufacturing plan and distribution agreements. According to the announcement last November, the design activities, design, manufacturing and supplier management, necessary for the creation of this new product will be driven by Bajaj with the support of the Alliance. Marketing and distribution will in turn controlled by the Alliance with support from Bajaj. No changes were made to the structure of cooperation initially defined by the two partners. Further evidence on this project will be communicated in due time and depending on progress. --- Cooperation between KTM and Bajaj Auto It is effective, KTM and Bajaj Auto announced a cooperation for the coming years! Bajaj Auto is the second largest Indian manufacturer bikes and scooters and already offers a wide range of roadsters and small scooters. With the cooperation of Bajaj, KTM group will complete its range by adding medium and small cars road, and at the same time gradually open its market to Asia, while the "Indian company will benefit from the expertise of KTM engine in four-stroke liquid-cooled, small then big cars. --- Bajaj Auto Pulsar phases on 200, ahead of new Pulsar 220 rew Bajaj Auto has eliminated the Pulsar 200 model to make way for the new Pulsar 220, as both the price was about equal, despite the latter being more powerful. The new Pulsar 220, launched three weeks earlier, is a renovated version of the previous model launched in December 2006. The Pulsar 200 was launched in January 2007 and achieved a price ex-showroom of about Rs 70,000. However, to take on competing products in the category of premium (price increase of Rs 65,000) with people of Yamaha FZ16, Fazer and R15, Karizma Hero Honda, TVS Apache 180 and the Honda CBF Stunner PGM-FI, Bajaj reduced the prices of Pulsar 220 of more than Rs 15,000. It will now be sold at Rs 70,000 ex-showroom. S Sridhar, CEO (two wheelers), Bajaj Auto, said: "The version of the new carburettored Pulsar 220, which has been launched, offering more power and better performance at a price much lower. So, continuing with the Pulsar 200 has not been possible, as has been quantified in the same order. We wanted to offer buyers a better bike at an affordable price. " The bike, however, is still available in the showrooms to select the previous price, without any reduction. "Some units of Pulsar 200 are available with us and there will be no more supply of it in society," said a broker based in Mumbai showroom Probiking, Bajaj specialty outlet that sells only high-end bikes. The Pulsar 200 is a 198.8cc engine that delivers 18 bhp of power, while the Pulsar 220 is a 220cc engine, which generates 21.04 hp peak power. Although the new Pulsar 220 is heavier than the Pulsar 200 in five kg, 150 kg, it is faster than the little brother to 144 km / hour, compared to 130 km / hour. The company currently produces three models under the brand Pulsar - Pulsar 150, Pulsar 180 and Pulsar 220. All three models have recently undergone a facelift labeled as '2009 edition '. Meanwhile, in order to increase its market share in the 100 cc category, Bajaj Auto today launched its popular selling model "Discover" in the entry-level segment. Bajaj held a market share of 43 per cent of the premium 150 cc segment contributed sales of its premium bike 'Pulsar' and a 9 per cent market share in the entry-level segment with "Platina" by April-June 2009. With the recent launch, the company hopes to gather a significant market share in the segment this year. |
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