Bajaj Auto

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Bajaj Auto Limited
Type Founded Public 1945

Headquarters Pune, India Key people Revenue Rahul Bajaj (Chairman), Rajiv Bajaj (Managing Director)

▲ Rs. 81.063 billion (2005) or USD 1.32
billion

Net income ▲ Rs. 11.016 billion Employees Website 10,250 (2006-07) www.bajajauto.com

Bajaj Auto is a major Indian automobile manufacturer. It is India's largest and the world's 4th largest two- and three-wheeler maker[citation needed]. It is based in Pune, Maharashtra, with plants in Akurdi and Chakan (near Pune),Waluj (near Aurangabad) and Pantnagar in Uttaranchal. Bajaj Auto makes and exports motorscooters, motorcycles and the auto rickshaw. The Forbes Global 2000 list for the year 2005 ranked Bajaj Auto at 1946.[1] Over the last decade, the company has successfully changed its image from a scooter manufacturer to a two wheeler manufacturer. Its product range encompasses Scooterettes, Scooters and Motorcycles. Its real growth in numbers has come in the last four years after successful introduction of a few models in the motorcycle segment. The company is headed by Rahul Bajaj who is worth more than US$1.5 billion.[2] Bajaj Auto came into existence on November 29, 1945 as M/s Bachraj Trading Corporation Private Limited. It started off by selling imported two- and three-wheelers in India. In 1959, it obtained license from the Government of India to manufacture two- and three-wheelers and it went public in 1960. In 1970, it rolled out its 100,000th vehicle. In 1977, it managed to produce and sell 100,000 vehicles in a single financial year. In 1985, it started producing at Waluj in Aurangabad. In 1986, it managed to produce and sell 500,000 vehicles in a single financial year. In 1995, it rolled out its ten millionth vehicle and produced and sold 1 million vehicles in a year.

According to the authors of Globality: Competing with Everyone from Everywhere for Everything, Bajaj has grown operations in 50 countries by creating a line of value-formoney bikes targeted to the different preferences of entry-level buyers.[3]

Contents
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1 Timeline of new releases 2 Spinoffs and acquisitions 3 Products o 3.1 Scooters o 3.2 Cars o 3.3 Motorcycles o 3.4 Upcoming Models o 3.5 Discontinued Models 4 Low cost cars 5 References 6 External links

[edit] Timeline of new releases
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1960-1970 - Vespa 150 - Under the licence of Piaggio of Italy 1971 - three-wheeler goods carrier 1972 - Bajaj Chetak 1976 - Bajaj Super 1977 - Rear engine Autorickshaw 1981 - Bajaj M-50 1986 - Bajaj M-80, Kawasaki Bajaj KB100 1990 - Bajaj Sunny 1991 - Kawasaki Bajaj 4S Champion 1994 - Bajaj Classic 1995 - Bajaj Super Excel 1997 - Kawasaki Bajaj Boxer, Rear Engine Diesel Autorickshaw 1998 - Kawasaki Bajaj Caliber, Bajaj Legend, India's first four-stroke scooter, Bajaj Spirit 2000 - Bajaj Saffire 2001 - Eliminator, Bajaj Pulsar 2003 - Caliber115, Bajaj Wind 125, Bajaj Pulsar 2004 - Bajaj CT 100, New Bajaj Chetak 4-stroke with Wonder Gear, Bajaj Discover DTS-i 2005 - Bajaj Wave, Bajaj Avenger, Bajaj Discover 2006 - Bajaj Platina

• • •

2007 - Bajaj Pulsar-200 (Oil Cooled), Bajaj Kristal, Bajaj Pulsar 220 DTS-Fi (Fuel Injection) , XCD 125 DTS-Si 2008 - Bajaj Discover 135 DTS-i - sport (Upgrade of existing 135 model) 2009 - (January) Bajaj XCD 135 cc launched.

[edit] Spinoffs and acquisitions
The demerger of Bajaj Auto Ltd into three separate corporate entities—Bajaj Finserv Ltd (BFL), Bajaj Auto Ltd (BAL), and Bajaj Holdings and Investment Ltd (BHIL)—was completed with the shares listing on May 26, 2008.[4] In November 2007, Bajaj Auto acquired 14.5% stake in KTM Power Sports AG (holding company of KTM Sportmotocycles AG). The two companies have signed a cooperation deal, by which KTM will provide the know-how for joint development of the watercooled four-stroke 125 and 250 cc engines, and Bajaj will take over the distribution of KTM products in India and some other Southeast Asian nations.[5] Bajaj said it is open to taking a majority stake in KTM and is also looking at other takeover opportunities. On the 8th of January 2008, Managing Director Rajiv Bajaj confirmed the collaboration and announced his intention to gradually increase Bajaj's stake in KTM to 25%.[6]

[edit] Products
Some of the models that Bajaj makes (or has made including prototypes) are:

[edit] Scooters

Bajaj Kristal DTSi

[edit] Cars
• •

Bajaj Lite concept Bajaj ULC (ultra-low cost)- the Tata Nano competitor. [7]

[edit] Motorcycles
• • • • • • • • •

Bajaj Platina 100cc Bajaj Platina 125 DTS-Si Bajaj Discover 135 DTS-i Bajaj XCD 125 DTS-Si Bajaj XCD 135 DTS-Si Bajaj Pulsar 150 DTSi Bajaj Pulsar 180 DTSi Bajaj Pulsar 220 DTS-Fi Bajaj Avenger 200 DTS-i

[edit] Upcoming Models
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Bajaj Sonic Bajaj Discover 150 Bajaj XCD 125 sprint

[edit] Discontinued Models
• • • • • • • • • • • • • • • • • • •

Bajaj Sunny Bajaj Chetak Bajaj Cub Bajaj Super Bajaj Saffire Bajaj Wave Bajaj Legend Bajaj Bravo Kawasaki Eliminator EL-175 Bajaj Kawasaki Wind 125 Bajaj Kawasaki 4s Champion Bajaj Kawasaki KB 100 RTZ Bajaj Boxer Bajaj Caliber Bajaj Wind Bajaj CT 100 Bajaj Discover 110cc Bajaj Discover DTS-i 125cc Bajaj Pulsar 200 DTSi

[edit] Low cost cars
Bajaj Auto says its $2,500 car, which it is building with Renault and Nissan Motor, will aim at a fuel-efficiency of 30 km/litre, or twice an average small car, and carbon dioxide emissions of 100 gm/km. [8] It is a Tata Nano competitor. The Bajaj venture will have an initial capacity of 400,000 units, while Tata expects eventual demand of 1 million Nanos.

[edit] References
1. ^ The Forbes 2000 by Country 2. ^ "India's Richest - #20 Rahul Bajaj". Forbes.
http://www.forbes.com/lists/2005/77/Q12C.html. Retrieved on 2008-12-09. 3. ^ Sirkin, Harold L; James W. Hemerling, and Arindam K. Bhattacharya (2008-06-11). GLOBALITY: Competing with Everyone from Everywhere for Everything. New York: Business Plus, 304. ISBN 0446178292.

4. ^ "Bajaj Auto demerger complete". The Economic Times. 5.
http://economictimes.indiatimes.com/Features/The_Sunday_ET/Corporate/Bajaj_Auto_d emerger_is_complete/articleshow/3069396.cms. Retrieved on 2009-05-21. ^ "Bajaj Auto takes 14.5% stake in KTM Sports". business-standard.com. 2007-11-05. http://www.businessstandard.com/common/storypage_c_online.php?leftnm=11&bKeyFlag=IN&autono=2974 5. Retrieved on 2007-12-03. ^ Rina Chandran (2008-01-10). "Bajaj to develop bikes with partner KTM". Reuters India. ^ Green Car Congress: Bajaj Auto and Renault-Nissan Form JV To Build Ultra Low Cost Car ^ ENN: How green is my low-cost car? India revs up debate

6. 7. 8.

[edit] External links
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Bajaj Auto Ltd Tata rival bullish about Nano, BBC, 2008-06-05, chairman Rahul Bajaj speaks to BBC's Chris Morris about prospects

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Retrieved from "http://en.wikipedia.org/wiki/Bajaj_Auto" Categories: BSE Sensex | Companies listed on the Bombay Stock Exchange | Motor vehicle manufacturers of India | Motorcycle manufacturers of India Hidden categories: All articles with unsourced statements | Articles with unsourced statements from February 2008 | Portal:Companies/Total
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