Bajaj Auto sales show marginal decline in July 2009
Bajaj Auto has reported a negligible decline (less than 0.5%) in its motorcycle sales during July this year, at 168,163 units, as compared to 168,971 units sold in July 2008. The company's total two-wheeler sales declined from 169,971 units in July 2008 to 168,731 units in July this year. Exports improved marginally, from 67,253 units in July 2008 to 68,585 units during July this year.
Bajaj's total sales (including three-wheelers) in July this year stood at 192,835 units, as compared to 193,704 units in July 2008. According to a company press release, Bajaj expects its performance to improve over the next few months. The company is also expected to launch a new entry-level commuter bike in the 100-125cc segment, though there is still no word on when it'll launch the much-awaited Kawasaki Ninja 250R.
[Via: indiaautomotive]
TVS Motor logs 2% increase in sales in July 2009
TVS Motor reported a 2% increase in sales during July this year, at 350,000 units, as against 343,000 units during July 2008. The company's revenue for Q1, FY 2009-10 stood at Rs 988.70 crore, a 7% increase over the Rs 925.45 crore reported in the year-ago period.
In the domestic market, TVS sold 154,000 motorcycles and 67,568 scooters during July this year, compared to 171,000 motorcycles and 65,545 scooters during July last year. Sales of the TVS King three-wheeler went up from 765 units during July 2008 to 2,223 units during July this year. The company's exports, however, slid from 42,214 units in July 2008 to 32,067 units during July 2009.
[Via: indiaautomotive]
Bajaj-TVS headlock again?
Bajaj Auto has been granted "ExhausTEC" Patent. Will TVS be forced to withdraw it's models which are using the same technology?
With the Indian Patent Office granting exclusive rights to Bajaj's "ExhausTEC" system used in their bikes, could spell trouble for TVS Motor Co. Ltd. The south Indian auto major has been using the same system to enhance engine performance of the Apache range.
The two firm were in a headlock earlier when TVS was about to launch the 125cc Flame with the digital twin spark technology. Bajaj Auto had filed a case alleging that TVS Motors had used the technology patented by it in 2002.
The court decided in favor of Bajaj Auto and TVS had to withdraw TVS Falme and re-launch the bike with a single-spark. The court ruling also barred TVS from using twin-spart technology on any of its future models.
According to Bajaj the "ExhausTEC" system significantly improves low and mid range torque in a single cylinder four stroke engine. The system involves a simple and effective method of uses an extra chamber with predetermind volume attached to the exhaust pipe.
The TVS big-wigs must be having sleepless nights as the Apache is one of their bestsellers and with the patent being granted they stand a risk of getting into another row with Bajaj. S. Ravikumar, vice-president, Bajaj Auto said that the patent has armed Bajaj with power of infringement and only time will tell what they plan to do next.
Well according to law gurus all is not over yet for TVS as they have an option to file a post-grant opposition within a year of the patent grant and challenge Bajaj's patent. Meanwhile, they can still continue to sell the Apache model questioning the very validity of the patent, and face Bajaj in the court should Bajaj file a legal suit.
[Via: BIKE]
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