Saturday, January 24, 2015

Journey Of Hamara Bajaj - Distinctly Ahead !







“Naye Bharat ki nayi tasweer. Buland Bharat ki buland tasweer” – Hamara Bajaj


The third largest in the world and the second largest in India, Bajaj Auto has been there for over 60 years now. Having successfully changed its image from a scooter manufacturer to a motorcyclist manufacturer, the company has flourished with its plants in Chakan, Waluj and Pantnagar. Bajaj has grown its operations in 50 countries across the world.
The company came into existence on 29th November, 1945 as M/s Bachraj Trading Corporation Private Limited. Initially, it used to import and sell two and three-wheelers in the country. It was post 1959, the company started to manufacture the two-wheelers and three-wheelers. The year 1960 was one of the important years for the company as it went public that year. The launches started the same year.

The first launch was that of the Vespa 150 in the year 1960. It was launched under license of Piaggio, Italy. The name Vespa prospered for over a decade then. Vespa scooters have been known for their painted, pressed steel unibody which combines a complete cowling for the engine, a flat floorboard, and a prominent front fairing into a structural unit. Then on in the year 1971, the company started to launch their three-wheeler goods carrier. The turning point for the company just lay ahead. Just a year after, Bajaj Auto launched its ever famous Bajaj Chetak. The name was given after the legendary horse of Indian warrior Rana Pratap Singh, the Chetak. The Chetak was an affordable means of transportation for millions of Indian families for decades and thus the slogan ‘Hamara Bajaj.’

Bajaj Chetak 150 The license agreement with Vespa expired in the year 1977. However the production continued and Bajaj launched the Bajaj Super, the then status icon of Indian families. Apparently, it was used as a form of dowry then. The Super has various features identical to that of the Vespa. In the year 1977, under the new license agreement between Maharashtra Scooters and Bajaj Auto, Bajaj Priya was launched. It was a three geared scooter with a design that was similar to that of the earlier Bajaj 150. The same year, the company also released a rear engine Auto rickshaw.






Almost four years hence, in 1981, Bajaj launched M-50. It took another 5 years for it come up with the upgraded version, Bajaj M-80. Little success did M-50 see, whereas the M-80 turned out to be one the flagship products for Bajaj.




The same year the company launched two more products – Kawasaki Bajaj KB100 and Kawasaki Bajaj KB125. Bajaj partnered with Kawasaki to bring in the KB series. Production began in 1986 and went on till 1996.

In the year 1990, the teenagers were offered the Bajaj Sunny. Being a scooterette, it had a 60cc engine and attained a maximum speed of 50 km/h. However, the model is no longer on the shelves. Then on every year, there was a new launch by the company. 1991 saw the launch of the Kawasaki Bajaj 4S Champion. Starting from 1993, the company launched the vehicles (Bajaj Stride, Classic and Super Excel respectively) in succession every year till 1995.
In the year 1997, the Kawasaki Bajaj Boxer and the RE diesel Auto rickshaw were introduced. The Chakan plant was functional the next year. Roll outs started at the Waluj plant and in 1998, Kawasaki Bajaj Caliber hit the roads. This bike was capable of a top speed of 95 km/h. The year had yet another remarkable achievement. Bajaj Legend, India’s first four-stroke scooter rolled out of the Akurdi plant. A four stroke motor meant that no oil has to be mixed with the gas, which resulted in low emissions and high efficiency.
In 1999, Bajaj came up with yet another scooterette called the Spirit. Ideal for college students, it was powered by a two-stroke, 60cc, single-cylinder and air-cooled engine. It was one of the eighteen models Bajaj Auto launched in eighteen months. The same year, Caliber motorcycle notched up 100,000 sales in record time of 12 months. In 2000, the y2k year, Bajaj Suffire was introduced.

The year 2001, was the time when the company entered the premium bike segment with its Bajaj Pulsar. The same year the Kawasaki Bajaj Eliminator was also launched. The next three years witnessed a range of launches. First the Bajaj Pulsar DTS-i was launched. Then the world bike, Bajaj Wind 125 hits the roads. Then came the famous ‘Hoodibabaa’ bike, the Bajaj Caliber 115.

In 2004, the year started with the unveiling of the new brand identity, donning a new symbol, logo and the brand line. The year gets credit for the launch of Bajaj Discover DTS-i, Bajaj CT 100 and the new Bajaj Chetak 4-stroke with wonder gear. 2005, was the year for Bajaj Discover, Bajaj Avenger DTS-i and Bajaj Wave DTS-i. The Bajaj Avenger (replaced the Eliminator) was a cruiser style motorcycle launched with a 180cc engine, which was subsequently increased to 200cc and then 220cc later on. Bajaj Wave was a revised Bajaj Saffire. The Wave was powered by a 109.7 cc DTS-i engine, CVT transmission and revised body panels. It offered a maximum power of 8 BHP. It also offered Bajaj’s ExhausTEC technology and a ride control switch.

Bajaj Avenger 220 DTSi Bajaj Platina was launched in April 2006 at an ex-showroom price of Rs. 35,000/- and crossed sales of 500,000 units within eight months of its launch. The bike is capable of a top speed of 91 km/h and does 0–60 km/h in 7.2 seconds. The year 2007 was occupied with a slew of launches. Bajaj Kristal DTS-i was launched followed by the 200cc Pulsar DTS-i. In the month of April, the Pantnagar plant was inaugurated. Immediately after that Pulsar 220 DTS-Fi was launched. In August DTS-Si engine was launched which was first seen in the Bajaj XCD 125 DTS-Si. The year ended with the launch of the RE GDi auto rickshaw.

The following year, the star was the Bajaj XCD 125 DTS-Si which became the largest selling 125cc motorcycle. The Bajaj Discover 135 DTS-i Upgrade and the Bajaj Platina 125 DTS-Si were also launched the same year. 2009 was yet another year which saw lot of upgrades of the existing models. The company also launched the Kawasaki Ninja 250R in October the same year.

Bajaj RE60 Auto Expo Last year Bajaja Auto launched the Kawasaki Ninja 650R, while earlier this year, Bajaj geared up again and unveiled the RE60, a mini 4-wheeler for intra-city urban transportation. Bajaj RE60 is expected to challenge the supremacy of Tata Nano. But the much eventful launch was that of the KTM Duke 200. The orange colour was everywhere with great publicity measures being taken by the company.

KTM Duke 200 Road Test
Pulsar 200 NS Test Ride Review The saga right now ends with the recent launches of the Discover 125 ST and Pulsar 200 NS. An eventful journey, a challenging path, Bajaj Auto took it all with a brave heart. This was just a rough outline of launches from Bajaj Auto. The company released a slew of Pulsar variants in the last decade and also updated them (UG1, UG2, etc).
  
Acquisitions:

Tempo Firodia: Bajaj Auto bought a controlling stake in the Tempo Firodia company, renaming it "Bajaj Tempo". Germany's Daimler-Benz, a long-time collaborator with Firodia because of their ownership of the original Tempo works in Germany, owned 16% of Bajaj Tempo. Daimler sold their stake back to the Firodia group in 2001, meaning that they once again held a controlling interest, with BAL retaining 24% of the shares. It was agreed that Bajaj Tempo would gradually phase out the use of the "Tempo" brand name, as it still belonged to Mercedes-Benz.[18] The name of the company was changed to Force Motors in May 2005, dropping "Bajaj" as well as "Tempo", over the objections of Bajaj Auto with whom the company shares a long history as well as a compound wall.[19]
KTM Power Sports AG: In November 2007, Bajaj Auto acquired 14.5% stake in KTM Power Sports AG (holding company of KTM Sportmotorcycles AG). The two companies have signed a cooperation deal, by which KTM will provide the know-how for joint development of the water-cooled 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.[20] As on 31 March 2013, Bajaj Auto held 47.96% stake in the company.

Latest News:
 

Six New Bajaj Bikes in India in Next 6 Months




 
With an objective to improve its market share in the domestic market, Bajaj Auto, the Indian motorcycle giant, is planning to launch as many as six bikes in the country in the next six months ranging from a 100cc commuter bike to a 400cc sports bike. Bajaj believes that the new launches will help it improve its market share from the current 16-17 percent to over 20 percent by March 2016.
Speaking to PTI, S Ravikumar - Bajaj Auto President for Business Development & Assurance revealed that "In the next six months, there will be one launch every month from us,"
"In the 100 cc segment, we have the Platina to address the value-for-money customers and Discover for executives. The new model will have its own space," he said. Besides, "we also will launch a 400 cc bike under our flagship Pulsar brand", Ravikumar added.

Though the company didn't disclose the name plates and expected prices of these bikes, here's what we expect.
1.New Bajaj Platina: Expected Price - Rs. 36,000 - Rs. 40,000
2.Bajaj Pulsar 200 SS: Expected Price - Rs. 1 lakh - Rs. 1.30 lakh
3.Bajaj Pulsar 400 SS: Expected Price - Rs. 1.60 lakh - Rs. 1.80 lakh
4.Bajaj Pulsar 150/160NS: Expected Price - Rs. 65,000 - 70,000
5.Bajaj Pulsar CS400: Rs. 1.60 lakh - Rs. 1.80 lakh
6.Update Bajaj Pulsar 180: Rs. 70,000 - Rs. 75,000

Tuesday, January 20, 2015

2014: Year Of Two-Wheelers for Indian auto Industry !

2014: Year of two-wheelers for Indian auto industry



Honda Motorcycle & Scooter India Pvt Ltd. has its eyes firmly set upon the Indian two-wheeler industry and it is heavily investing in it as well
Honda Motorcycle & Scooter India Pvt Ltd. has its eyes firmly set upon the Indian two-wheeler industry and it is heavily investing in it as well
The growth story for the Indian automobile industry in 2014 rode on the two-wheeler segment and not on passenger cars or commercial vehicles, as high interest rates and a stuttering manufacturing industry kept a check on demand.

The year also saw Competition Commission of India (CCI) levying a penalty of Rs.2,544.65 crore ($415) on 14 car makers for their restrictive trade practices by preventing independent repairers coming into the market. Some of the leading car makers also had to recall some models over defective components.

When other segments like passenger cars and commercial vehicles logged negative growth, the two-wheeler makers registered around 13 percent growth between January and October. Riding on the two-wheeler sector's growth, the automotive industry grew 9.8 percent by volume year-on-year (YoY) between January and October.

"The two-wheeler segment is the only one that has clocked positive growth at 12.9 percent YoY (year-on-year) to reach sales of nearly 13.5 million units by October. This can be attributed to the low cost of two wheelers

in India," Vijay Kakade, vice president for automotive and transportation practice at Frost & Sullivan, told IANS.

He said the light commercial vehicle (LCV) segment has been the worst hit, with sales reducing to approximately 330,000 units -- an 18.9 percent YoY fall over 2013.

"The passenger car, medium and heavy commercial vehicle segments contracted by 0.8 and 6.5 percent respectively during the period, compared to 2013. The reduction in sales can be attributed to the slowdown and the high interest rates set by the RBI (Reserve Bank of India) reducing the availability of finance options to the public," Kakade added.

"These segments have shown positive signs over the past few months, which is expected to lead to growth in the next year."

As to the market trend, experts said, customers preferred higher segment vehicles, both in two- and four-wheelers and cited Royal Enfield's 49.3 percent YoY growth till October.

"The year 2014 has been a year of stagnation, which is a positive sign as the decline has stopped. The industry has shown signs of growth, albeit slower than expected, over the past few months," Kakade remarked.

P. Balendran, vice president, General Motors India, had similar views to share with IANS: "Of late, we have seen some movements in new entries driven by novelty factors and some select manufacturers have been getting

the benefits too."

He said the market has not shown any movement forward, despite the excise duty reduction, while the customer sentiment has not picked up due to sticky interest rates, which remain at high levels.

"Although fuel prices have started coming down significantly, the enquiry levels at showrooms have come down and conversions are not taking place at all. The sales of diesel vehicles are also tapering off because of the narrowing price gap vis-a-vis petrol," Balendran added.

Expecting the government to continue with a lower excise duty regime for small/mid-sized/big cars and sports utility vehicles (SUV) till March 2015, Balendran said the rates should be continued till the Goods and Services Tax ( GST) is introduced -- aiding the turnaround of the auto sector.

According to Balendran, only the entry-level sedan segment has logged growth in the passenger car sector owing to new entries and many hatchback owners upgrading to entry-level sedans.

Terming 2014 a mixed bag for the automobile industry, Sumit Sawhney, chief executive and managing director of Renault India, told that while there has been a sea change in the consumer sentiment with a gradually improving economic climate in the country, the optimism has still to translate into sustained sales growth.

"The industry is looking forward to the budget for pro-business policies to reignite the automobile industry in India."

Highlights of India's automobile industry 2014:

* Overall growth was 9.8 percent by volume year-on-year (YoY) between January and October.

* Two-wheeler sector grew 12.9 percemt

* Passenger car, medium and heavy commercial vehicle segments contracted by 0.8 and 6.5 till October

* LCV segment worst hit, with sales falling 18.9 percent YoY fall over 2013 till October

* Excise duty reduction on automobiles

* Competition Commission of India (CCI) fines 14 car-makers Rs.2,544.65 crore for restrictive trade practices

*Diesel price de-regulated