23rd May 2008, 11:31 am
A meeting of the Board of Directors of Bajaj Auto Limited was held today to consider and
approve the results for the financial year 2007-08.
This is the first financial year of the company post demerger. Hence the previous year’s
financial figures have not been given.
Continue reading ‘BAJAJ AUTO RESULTS: FINANCIAL YEAR 2007-08’ »
12th May 2008, 05:16 am
PARIS/PUNE/TOKYO – Mr. Rajiv Bajaj, Managing Director of Bajaj and Mr. Carlos Ghosn, President and CEO of Renault and President and CEO of Nissan, today announced they will form a joint-venture company to develop, produce and market the car code-named ULC with a wholesale price range starting from 2500 USD . The new joint-venture company will be 50% owned by Bajaj Auto, 25% by Renault and 25% by Nissan.
Targeting the growing Indian new vehicle market, this ULC will be made at an all-new plant to be constructed in Chakan (Maharashtra state) in India. Initial planned capacity will be 400,000 units per year. Sales will start in early 2011 in India, as a primary market, with growth potential in other emerging markets around the world. Continue reading ‘Bajaj Auto & Renault-Nissan alliance to build car code-named ULC’ »