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Bajaj Auto Limited (/ b ə ˈ dʒ ɑː dʒ / bə-JAHJ) is an Indian multinational automotive manufacturing company based in Pune. [2] It manufactures motorcycles, scooters and auto rickshaws. Bajaj Auto is a part of the Bajaj Group. It was founded by Jamnalal Bajaj (1889–1942) in Rajasthan in the 1940s.
Bajaj Auto is also the manufacturer of Yulu’s third generation of vehicles. The company became India’s largest EBITDA (earnings before interest, taxes, depreciation and amortisation) profitable shared electric mobility company in 2024. It claimed to have achieved an Annual Recurring Revenue (ARR) of $30 million in FY2025. [9]
Bajaj Holdings and Investments Limited (BHIL) came into existence when the original company separated its auto and finance assets. This new entity, BHIL is the parent company which holds 39.29% stake in Bajaj Finserv [ 19 ] and now holds surplus cash and investments with the purpose of providing financial support to the auto and/or finance ...
Bajaj Finance Limited (BFL) is a deposit-taking Indian non-banking financial company headquartered in Pune. [6] [7] It has a customer base of 88.11 million [8] and holds assets under management worth ₹ 354,192 crore (US$41 billion), as of June 2024.
Bajaj Group is an Indian multinational conglomerate founded by Jamnalal Bajaj in Mumbai in 1926. [2] [3] The group comprises 40 companies and its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer. [4]
New car prices have been falling for most of 2023, with the average new car selling for $47,936 in October, Kelley Blue Book reported. Overall, new car prices are down 1.4% since October 2022 and ...
[1] [2] [3] As of 2023, India is the 3rd largest automobile market in the world in terms of sales. [4] As of April 2022, India's auto industry is worth more than US$100 billion and accounts for 8% of the country's total exports and 7.1% of India's GDP. [5]
Li Auto Inc (NASDAQ:LI) reported fiscal first-quarter 2024 revenue growth of 36.4% year-on-year to $3.55 billion, missing the analyst consensus estimate of $3.84 billion. Adjusted net earnings per ...