More stories

  • in

    Bajaj Auto Sales August 2024 – Growth Across All Segments

    Bajaj Freedom 125 CNGBajaj Auto reports a significant growth in domestic sales for August 2024, with a total of 2,08,621 units sold
    Bajaj Auto Limited has excelled in sales in August 2024 posting outstanding growth across both its two wheeler and commercial vehicle segments. Growth was seen both on a YoY and MoM basis while the company also saw sales surge during the April-August 2024 period. With the Pulsar being its top selling model, the company is now busy updating this Pulsar range with the new Pulsar N125 which is currently on test rounds.
    Bajaj Auto 2Wh, CV – Domestic Sales and Exports August 2024
    Bajaj Auto total sales (domestic + exports) in August 2024 stood at 3,97,804 units. This was a 16% YoY growth over 3,41,648 units sold in August 2023. MoM sales also saw a surge over 3,54,169 units sold in July 2024.
    Bajaj Auto Sales August 2024
    Talking exclusively of two wheeler sales in the past month, the company has recorded an 18% YoY improvement in sales to 3,35,178 units, up from 2,85,031 units sold in August 2023. While its domestic sales surged a notable 30% to 2,08,621 units from 1,60,820 units on a YoY basis, comparatively, its exports improved only marginally by 2% to 1,26,557 units over 1,24,221 units shipped in the same month last year.
    Commercial vehicle (CV) sales on the other hand, though it ended positively, saw lower demand in domestic markets as compared to its global demand. Domestic sales improved by just 2% YoY to 45,206 units from 44,280 units while exports on the other hand saw a 41% YoY growth to 17,420 units in August 2024 from 12,337 units shipped in the same month last year. This took total CV sales up 11% to 62,626 units over 56,617 units on a YoY basis.
    Bajaj Auto Sales August 2024 – YTD
    Bajaj Auto YTD Sales April- August 2024
    Coincidentally, Bajaj Auto has posted a 10% growth both across its two wheeler and commercial vehicle segments on a year-to-date (YTD) basis. In the two wheeler segment, it was the Bajaj Chetak, currently the No. 3 best-selling e-scooter in the country, which requires special mention. It has seen its sales improve three fold over the past 12 months.
    In domestic markets, the company has witnessed a 10% growth in domestic sales and exports of two wheelers. Domestic sales improved by 14% to 9,59,965 units in the April-August 2024 period from 8,45,741 units sold in the same period last year. Exports grew by 4% to 6,23,671 units. This took total sales up to 15,83,636 units on a YTD basis from 14,43,201 units sold in the same period of 2023.
    Total CV sales also improved by 10% to 2,70,393 units in the April-August 2024 period from 2,45,601 units sold in the same period last year. It saw domestic sales improve by 8% and exports grow by 15% to 1,95,480 units and 74,913 units respectively.
    YTD sales (2WH+CV) sales also grew by 10% to 18,54,029 units in the April-August 2024 period from 16,88,802 units sold in the same period of the previous year. This included 11,55,445 units sold in domestic markets, relating to a 13% YTD growth from 10,25,919 units sold in the same 5 month period of 2023 while exports saw a 5% improvement to 6,98,584 units, up from 6,62,883 units sold on a YTD basis. More

  • in

    Bajaj Chetak Sales Tripled In Last 12 Months YoY – Rs 8k Price Cut Incoming

    Bajaj Chetak : Image – MRD VlogsCurrently the #3 best-selling electric scooter in India, Bajaj Chetak is expected to come with a price cut, sweetening the deal further
    Among the popular electric scooters in India, Bajaj Chetak is among the best-selling one. Indian electric scooter buyers have embraced Chetak’s retro design and trust factor associated with Bajaj brand. Numbers reflect the success story of Chetak as sales have tripled when compared to last year’s stats. Let’s break the numbers further.
    Bajaj Chetak Sales Tripled
    Within last year, Bajaj has improved its sales prospects significantly, when it comes to the Chetak electric scooters. This is one of the notable glow-ups in electric scooter sales and signifies the increasing desirability of Chetak electric scooter brand.
    Bajaj Chetak Sales Tripled YoY
    Within the last year, Chetak has outperformed its sales numbers from a year ago considerably. From August 2023 to July 2024, Bajaj has sold as many as 1,51,308 units of Chetak electric scooters. When compared to the 52,169 units sold between August 2022 to July 2023, there was a 190.03% YoY growth with a volume gain of 99,139 units.
    Average monthly Bajaj Chetak sales between August 2023 and July 2024 was 12,609 units, which is almost 3 times higher (2.9 times to be precise) than the 4,347 units average monthly sales between August 2022 and July 2023. The difference between average monthly sales YoY is 8,262 units per month.
    2024 Bajaj Chetak New Variant
    As seen in the table above, Bajaj Chetak sales peaked at an all-time high last month in July 2024. With 20,114 units sold last month, Bajaj Chetak registered a massive 344% YoY growth over 4,528 units sold in July 2023. Which is close to 5X growth in sales, clocking a volume gain of 15,586 units YoY.
    Other notable outcomes can be seen in February 2024, where sales growth YoY touched an astounding 417%. The 13,620 units sold that month was more than 5X the sales clocked in preceding year with 2,634 units sold and there was a volume gain of 10,986 units that month.
    Rs 8k Price Cut With Chetak
    A recent report suggests that Bajaj Chetak scooter range is set to receive a major rejig in the coming months. This update will ensure that there are significant changes to battery cells inside the pack, unlocking more range on a single charge than before. Battery capacity, however, will remain the same.
    The variant names of Chetak scooters, Urbane and Premium, will reportedly get a reboot to 3202 and 3201, respectively. Similar to what we saw with the Chetak 2901 Edition. Apart from this rejig in names and battery cells, there is a significant price cut expected too. Speculations suggest a Rs 8,000 slashed off the current Ex-sh prices. More

  • in

    2025 Bajaj Pulsar N125 Spotted – Could Get New Improved Engine

    2025 Bajaj Pulsar N125 SpiedUpon launch, Bajaj Pulsar N125 will take on rivals such as Hero Xtreme 125R, TVS Raider 125 and Honda SP 125
    Since the start of this year, Bajaj has been busy updating its bestselling Pulsar range. Enthusiasts were also delighted to witness the launch of the biggest Pulsar – NS400Z. Next upcoming product is the Pulsar N125.
    Bajaj Pulsar N125 – Key features
    Upcoming Pulsar N125 has been spotted on road tests multiple times in recent months. The 125cc commuter segment has been registering strong growth and can accommodate new products like Pulsar N125. Bajaj Pulsar 125cc range currently includes the Pulsar 125 and Pulsar NS125. Based on test mule sightings, it appears that Pulsar N125 borrows signature features seen with its larger sibling, the Pulsar N150.
    2025 Bajaj Pulsar N125 Spied
    Similarities are evident across features such as the sculpted fuel tank and tank shrouds, alloy wheel design and slim tail section. The bike has split seat format and gets a robust single-piece grab rail. Just like N150, Pulsar N125 gets an underbelly exhaust. The rear tyre hugger also seems to be a shared component.
    Features that are unique to Pulsar N125 include a new headlight design. The headlight and tail light appear to be LED units, whereas standard halogen bulbs have been used for the turn signals. Riding stance is fairly comfortable with centrally mounted footpegs and a wide, easy to reach handlebar.
    2025 Bajaj Pulsar N125 Spied
    Other key features noticed with the test mule include a leg guard and polygonal rear-view mirrors. The latter has a different design in comparison to that of the Pulsar N150. Tech pack will include a negative LCD instrument console. It could be the same unit as seen with the Pulsar N150. A range of information is displayed such as speedometer, odometer and distance to empty.
    2025 Bajaj Pulsar N125 Spied
    The digital console has Bluetooth connectivity, allowing users to access calls and text. Users can also access other connected features via the Bajaj Ride Connect app. However, Pulsar N125 is unlikely to get features like turn-by-turn navigation.
    Bajaj Pulsar N125 – Performance, specs
    It is expected that Pulsar N125 will be getting a new 125cc engine. While the existing 125cc engine in use with Pulsar 125 and Pulsar NS125 delivers good performance, there is definitely scope for some improvement. Especially considering that the existing 125cc engine hasn’t received any major updates in recent years. It seems a bit outdated when compared to 125cc engines in use with rival 125cc bikes.
    2025 Bajaj Pulsar N125 Spied
    Bajaj can introduce an entirely new 125cc engine or use a tweaked version of the 150cc engine in use with Pulsar N150. The new 125cc engine is expected to offer improved performance and possibly higher fuel efficiency as well.
    2025 Bajaj Pulsar N125 Spied
    As evident with the test mule, Pulsar N125 has telescopic forks at front and a monoshock rear suspension. Braking setup comprises a disc-drum combo. Upcoming Bajaj Pulsar N125 could be launched at a starting price of Rs 1 lakh. It is expected to go on sale during the upcoming festive season.
    Source More

  • in

    Bajaj Sales Breakup July 2024 – Pulsar, Platina, Chetak, Freedom, Dominar, Avenger

    New Bajaj Pulsar – Chassis No 9Bajaj Auto has shown off a 14.16% YoY growth in July 2024 with the Pulsar range commanding a 61.89% share
    Bajaj two wheelers has seen outstanding year-on-year (YoY) growth in July 2024 with sales at 1,54,771 units. This was a 14.16% growth over 1,35,570 units sold in July 2024 relating to a volume growth of 19,201 units.
    Bajaj Sales Breakup July 2024 – YoY Comparison
    While it was the Pulsar range that showed off the highest demand, it was the Bajaj Chetak that displayed the highest YoY growth. Demand for the Platina, CT, Avenger and Dominar declined considerably while deliveries of the new Freedom, the world’s first CNG motorcycle, got off to a flying start.
    Bajaj Sales Breakup July 2024
    Once again it was the Bajaj Pulsar that saw highest sales in July 2024 scaling well over the other models in the company lineup by significant numbers. Sales grew by 8.90% to 95,789 units over 87,958 units sold in July 2023 to command a 61.89% share in the company portfolio. Bajaj Pulsar was also the 4th best-selling two wheeler in July 2024.
    In the Pulsar range, it was the 125cc model that commanded the most attention with 55,711 units sold last month followed by the 150cc and 200 of which 19,758 units and 11,974 units were sold respectively. Bajaj Pulsar 250cc and 400cc sales stood at 5,006 units and 3,340 units respectively. Pulsar 400 was also the best-selling bike in the Bajaj 400cc family.
    Bajaj Sales Breakup July 2024
    Platina sales dipped 13.80% YoY in July 2024 to 28,927 units, down from 33,557 units sold in July 2023 while commanding an 18.69% share. High demand was seen for the Bajaj Chetak, the only electric scooter in the company lineup. Sales escalated 344.21% YoY to 20,114 units whereas there had been just 4,528 units sold in the same month last year.
    Recently Chetak received limited edition 3201 and 2901 variants. Sales are set gather even further momentum with the company set to introduce a larger battery pack variant. Bajaj Chetak was also at No. 8 on the list of top 10 scooters sold in India in July 2024, ahead of the Suzuki Burgman and Yamaha RayZR.
    Bajaj CT, Avenger, Dominar Sales Show YoY Decline
    Sales of Bajaj CT, Avenger and Dominar displayed YoY decline in sales. CT sales dipped by 19.21% to 5,476 units whereas there had been 6,778 units sold in July 2023 to command a 3.54% share on this list.
    The recently launched Freedom added 1,933 units to total sales with a 1.25% share while Bajaj Avenger suffered an 11.88% decline in sales to 1,424 units as against 1,616 units sold in the sale month last year. Sales of Bajaj Dominar also dipped to 1,108 units, down 2.21% over 1,133 units sold in July 2023. More

  • in

    Bajaj 400cc Sales July 2024 – Pulsar, Triumph, KTM, Dominar, Husqvarna

    New Bajaj Pulsar 400 – Vaibhav MotorworldBajaj 400cc Family Sees Explosive Growth in July 2024, Led by New Pulsar 400 and Triumph 400
    To take on the dominance of Royal Enfield in the 350cc+ segment, Bajaj has launched multiple new brands of motorcycles over the years. Though they are nowhere closer to RE in terms of sales, they are reporting growth in sales of the 400cc segment. In July 2024, the Bajaj 400cc motorcycle segment witnessed remarkable growth in July 2024, with total sales reaching 7,649 units, a staggering 246.74% increase compared to July 2023’s 2,206 units. This significant rise was primarily driven by the introduction and strong performance of the new Bajaj Pulsar 400.
    Bajaj 400cc Sales July 2024 – Pulsar 400 Leads the Segment
    Bajaj Pulsar 400 emerged as the top performer within the 400cc family, recording 3,340 units sold in July 2024. This model, newly introduced, now accounts for 43.67% of the total sales in this segment, establishing itself as a major player in the market.
    Bajaj 400cc Motorcycles Sales July 2024
    Triumph 400 motorcycles – Speed and Scrambler range followed closely behind, with 3,101 units sold in July 2024. This marks a substantial increase from the 477 units sold in July 2023, adding 2,624 units to the tally. Triumph 400’s success contributed to 40.54% of the total sales, underscoring its strong market acceptance. Bajaj will launch 2 more Triumph 400cc motorcycles this year, ahead of the festive season.
    KTM 390 and Bajaj Dominar 400 Face Declines
    While the new entrants surged, the KTM 390 experienced a significant decline in sales, dropping by 47.15% year-on-year. The KTM 390 sold 593 units in July 2024, down by 529 units from 1,122 units in July 2023. Despite this, KTM 390 still holds a 7.75% share of the Bajaj 400cc segment.
    Bajaj 400cc Motorcycles Sales July 2024
    Similarly, Bajaj Dominar 400 saw a slight decline in sales, with 580 units sold in July 2024, down by 4.45% from the 607 units sold in July 2023. The Dominar 400 currently captures 7.58% of the market share within the 400cc family. Husqvarna 401, another recent entrant, recorded 35 units sold in July 2024. Although its market share is modest at 0.46%, its introduction adds diversity to Bajaj’s 400cc offerings.
    Bajaj 400cc Sales July 2024 – MoM Comparison
    The Bajaj 400cc motorcycle segment recorded a significant month-on-month (MoM) growth of 31.63%. Total sales for this segment reached 7,649 units in July, up by 1,838 units from 5,811 units in June 2024. Triumph 400 saw the most substantial month-on-month growth within the Bajaj 400cc family, with sales increasing by 45.25% in July 2024. Bajaj Pulsar 400 also posted robust growth in July 2024, with sales rising by 32.80% compared to June 2024.
    Bajaj Dominar 400 recorded the highest percentage increase in sales among the models in this segment, with a 54.67% growth in July 2024. Dominar 400 sold 580 units, up by 205 units from the 375 units sold in June. While most models saw positive growth, the KTM 390 faced a 15.04% decline in sales, dropping from 698 units in June 2024 to 593 units in July.
    Husqvarna 401 experienced the most significant decline, with sales plummeting by 60.23% MoM. Only 35 units were sold in July 2024, down by 53 units from the 88 units sold in June. More

  • in

    Bajaj Freedom CNG Sales 1,933 Units In July 2024 – Available In 78 Towns

    Bajaj Freedom CNG Bike LaunchBajaj Freedom 125 has received over 60,000 enquiries, prompting the company to extend sales beyond initial states of Maharashtra and Gujarat
    Bajaj has accelerated the nationwide rollout of its groundbreaking Freedom 125 motorcycle, marking a significant milestone in the Indian automotive industry. Following its initial launch on 5th July 2024, the Freedom 125 received an overwhelming response, with over 60,000 inquiries in just a few weeks.
    Bajaj Freedom 125 Rolled Out to 78 Towns Across India
    In response to this demand, Bajaj Auto has expanded its distribution to 78 towns across India, including key regions in Maharashtra, Gujarat, Kerala, Delhi NCR, and Karnataka. The first Freedom 125 was delivered in Pune on 16th July 2024, setting a new benchmark for swift market delivery. Bajaj Freedom CNG bike sales in July 2024 stands at 1,933 units. Sales are anticipated to rise in the coming months as Bajaj expands the availability of the CNG bike across a growing number of dealerships.
    Bajaj Freedom 125 CNG
    Bajaj Freedom is presented in three variants – NG04 Drum, NG04 Drum LED and NG04 Disc LED. While the base trim is priced from Rs 95,000 the mid spec variant is at Rs 1,05,000 and the top spec Bajaj Freedom 125 NG04 Disc LED carries a price tag of Rs 1,10,000 (ex-showroom). It is offered in striking colour options of Caribbean Blue, Pewter Grey-Black, Cyber White, Ebony Black-Grey, Racing Red, Pewter Grey-Yellow and Ebony Black-Red.
    Heralded as the first-ever mass-market motorcycle powered by compressed gas, the new Freedom 125 claims to deliver 100 km/kg of CNG and 65 km/l in petrol mode, thus relating to an overall claimed range of 330 kms. Bajaj Auto also asserts that this is half the running cost of a petrol powered motorcycle which will allow customers to save upto Rs 70,000 in a 5 year period. Besides this saving, the new Bajaj CNG bike also addresses environmental concerns as it emits 26.7% lower CO2.
    Bajaj Freedom 125 CNG
    In terms of its design, Bajaj Freedom is ergonomically designed for daily commute. It boasts of some first in segment features. For starters, besides being the world’s first CNG bike, it also receives both CNG and petrol tanks, along with the longest seat in its segment. The CNG tank has a capacity of 2 kgs while the petrol tank is of a 2 liter capacity.
    It sports a lightweight yet sturdy trellis frame and a sleek tail segment with integrated grab handles. Features also include negatively lit LCD instrument cluster, USB charging port and LED headlight in the top two variants. The higher trims also receive Bluetooth connectivity for call alerts, phone battery level, etc. The top 2 trims also sport LED headlamp while the base variant gets halogen lighting. Bajaj Freedom rides in 17 inch wheel in the front and 16 inch at the rear fitted with tubeless tyres.
    Bajaj Freedom – CNG + Petrol Bi-Fuel
    Bajaj Freedom is powered by a 125 cc, air cooled, single cylinder petrol engine offering 9.5 hp power at 8,000 rpm and 9.7 Nm torque at 5,000 rpm mated to a 5 speed gearbox. It gets disc brakes in the front and drum brakes at the rear with combined braking system (CBS) on both wheels. Suspension is via telescopic fork with linked monoshock and it is the first bike in its segment to get linked type rear suspension.  
    While the petrol tank is in the front, the CNG tank is positioned in the central part of the bike. There is a common filler cap and the rider can toggle between the two fuels via a switch. Though Bajaj Freedom sees no direct competition in its segment, it will challenge the likes of TVS Raider 125, Hero Xtreme 125R, Hero Glamour and Bajaj Pulsar 125. More

  • in

    Bajaj Chetak To Get Range Boost – New Battery Pack

    Bajaj Chetak Spied TestingWith launch of affordable variants and availability across 400+ cities, Bajaj Chetak has been witnessing a strong surge in salesAs Chetak’s popularity soars, Bajaj is looking to introduce some new updates to its e-scooter range. It will help maintain the sales momentum and improve overall customer experience.Chetak scooters to get a range boostBajaj had recently launched a new Chetak 3201 Special Edition scooter. It is being sold exclusively on Amazon. It was offered at an introductory price of Rs 1.29 lakh. Although the Chetak 3201 Special Edition scooter has the same 3.2 kWh battery as the Chetak Premium variant, it has a higher range of 136 km. In comparison, the Premium variant offers a range of 126 km.Bajaj Chetak Spied TestingA higher range for Chetak 3201 Special Edition is because the scooter is using new battery cells. These are more energy-dense and offer higher overall efficiency. The new battery cells are being procured from a new supplier. With the improved battery cells, Chetak 3201 Special Edition has a higher range. Even though the battery capacity remains the same as the Premium variant. The new battery cells will eventually be introduced for all Chetak variants.New variant names likelyWith the entire Chetak range expected to get the improved battery cells, Bajaj can also introduce changes to the existing nomenclature. For example, the base variant, Chetak 2901, gets the 2901 suffix from its 2.9 kWh battery pack. The ‘29’ denotes the first two digits of the battery capacity. And the ‘01’ indicates the first variant to use this new naming convention. If the same nomenclature is followed for other variants, Premium and Urbane could get the 3201 and 3202 suffix, respectively.Bajaj Chetak Spied TestingIt remains to be seen if switching to the new battery cells will bring down the prices of Chetak electric scooters. Globally, the EV battery prices have been falling consistently with production reaching economies of scale. If new Chetak variants can have a higher range, all while offering reduced pricing, it can have a significant impact on sales.As of now, the most affordable variant is the Chetak 2901, priced at Rs 95,998 (ex.sh Bengaluru). Next is Chetak Urbane, priced at Rs 1,23,319. Chetak Premium variant is available at Rs 1,47,243. The 3201 Special Edition is being offered at Rs 1.40 lakh.Strong salesChetak has made rapid gains over the last 12 months and is currently ranked as the 3rd best selling electric scooter in the country. It is ahead of rivals such as Ather Energy, Hero MotoCorp, Greaves Electric Mobility and BGAUSS Auto. With more range to offer, Chetak can deliver even better results in the future. While Ola Electric leads by a significant margin, Chetak has potential to catch up with TVS iQube that currently stands at second position in the electric 2-wheeler segment.As of now, there are more than 200,000 Chetak electric scooters on the roads. Till date, the Chetak fleet has covered a total of 2.28 billion kms. Reduction in CO2 emissions has been a whopping 17.29Mn kgs.Source More

  • in

    Brazil-Made Bajaj Dominar 250 Launch Price R$22,500 (INR 3.50 Lakh)

    Brazil-Made Bajaj Dominar 250For the Brazilian market, Bajaj is offering the Dominar 250 in Racing Red and Sparkling Black colour optionsAiming to strengthen its presence in Brazil, Bajaj has launched the Dominar 250. This is the company’s fourth product to be launched in the land of the carnival. Just like the other products, Dominar 250 will be locally assembled at the company’s facility in Manaus (AM).Dominar 250 launched in BrazilBajaj already offers the Dominar 400 in Brazil. With the smaller 250cc sibling now available, Bajaj can aim to increase its sales volumes. Interestingly, Bajaj also sells the Dominar 200 and Dominar 160 in Brazil. But these are essentially the rebadged versions of the respective Pulsar motorcycles sold in India. In Brazil, only the Dominar 400 and Dominar 250 truly belong to the Dominar family.Brazil-Made Bajaj Dominar 250It appears that the Dominar brand name has caught the attention of bikers in Brazil. In comparison, the Pulsar range is the highest selling Bajaj motorcycle in India. Both the Pulsar 250 and Pulsar 400 have been registering strong sales in India. They are ahead of the Dominar 250 and Dominar 400 by a significant margin. But for the Brazilian market, the opposite seems to be true.Dominar 250 is being offered at a starting price of R$22,500 in Brazil. This pricing is applicable for both the Racing Red and Sparkling Black variants. In India, Bajaj offers an additional Citrus Rush colour option for Dominar 250. With local manufacturing in Brazil, Bajaj has been able to achieve a competitive price point for Dominar 250. The overall package, in terms of styling, equipment and quality, seems better than competitors in the quarter-litre segment. Bajaj is also focusing on expanding its dealer network, something that will further help boost sales.Brazil-Made Bajaj Dominar 250Bajaj Dominar 250 (Brazil) – Performance, specsAs compared to the Dominar 250 sold in India, there aren’t any major differences with the Brazil-spec model. Powering the bike is a 248.77 cc engine that generates 27 hp and 23.5 Nm. It is mated to a 6-speed gearbox and comes with an assist and slipper clutch. Other key highlights of the engine include liquid cooling, dual overhead camshafts and electronic fuel injection.Suspension setup comprises 37 mm USD forks at front with 135 mm of travel. At the rear, the bike has a multi-step adjustable monoshock Nitrox suspension with 110 mm of travel. Braking duties are performed by 300 mm and 230 mm disc brakes at front and rear, respectively. Dual-channel ABS is offered as standard. Both ends have 17-inch alloy wheels, shod with 100/80-17 front and 130/70 – R17 rear tubeless tyres.Bajaj Dominar 250 weighs 180 kg and has a ground clearance of 157 mm. Fuel tank capacity is 13 litres. With a saddle height of 800 mm, Dominar 250 suits the needs of riders of diverse statures. The bike has a split reverse LCD display that shows a range of information including gear position indicator. Safety is enhanced with full LED headlight with auto headlamp on function. These specs are the same as the Dominar 250 sold in India. More