Making inroads in India

Article Abstract:

India is the second-largest motorcycle market in the world, with sales expected to rise about 5% to 4.06 million units, according to Honda Motor. Honda aims to sell 1.261 mil of those units, including scooters, a 16% rise over the prior year. Kawasaki Heavy Industries is aiming for sales of 460,000 motorcycles and scooters in 2001 vis its Indian partner, Bajaj Auto, while Yamaha Motor is aiming to boost sales 77% to 265,000 units. The efforts of the Japanese companies and the Japanese market for motorcycles are discussed.

Sales & consumption, India, Statistical Data Included, Honda Motor Company Ltd., Yamaha Motor Company Ltd., Kawasaki Heavy Industries Ltd.

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A slow ride for scooters; Bajaj Auto is short-term sell, analysts say

Article Abstract:

Increased competition and low demand for scooters is hurting the profitability of India's largest scooter maker, Bajaj Auto. Bajaj's sales for 1996 dipped 0.4% lower than the previous year. Its closest competitor, LML saw a 15% increase in sales in 1996. Bajaj, which is raising its capacity of 1.8 mil motorcycles to 2 mil in anticipation of a 50% increase in industry-wide capacity, is offering new financing schemes for customers and plans to upgrade its existing products.

LML

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Bajaj Auto's new models may jump-start its stock price; Indian motorcycle maker aims to recoup lost ground; investors await more evidence of success

Article Abstract:

Bajaj Auto aims to regain lost market share and to improve its share price by developing new models. India's leading manufacturer of two-wheeled vehicles is developing new scooter and motorcycle models to halt TVS Suzuki and Hero Honda's advances. However, it remains a contrarian call for investors who insist that it is too early to evaluate Bajaj's chances for a turnaround. The firm's share of the market declined from 44% in 1997 to 39% for the period ending Mar 31, 1998.

Product development, Prices and rates, Stocks, Stock prices, Motor scooters

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