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#1 (permalink) |
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Alpha Geek
Join Date: Aug 2006
Posts: 670
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MUMBAI (Thomson Financial) - Indian two-wheeler major Bajaj Auto Ltd is looking for a big-ticket acquisition in the European motorcycle market to increase its product line-up of high-end bikes, according to industry sources. The company is targeting two cult bike companies, Italy-based Ducati Motor Holding (nyse: DMH - news - people ) SpA and Triumph Motorcycles Ltd of the UK, local business daily The Economic Times reported. Bajaj Auto managing director Rajiv Bajaj refused to comment on the deal, the paper said. The Indian company has been looking for an acquisition to help boost its engineering and product development expertise in order to crank out cruisers and higher displacement bikes in the 200cc-plus range. Bajaj has been on record as saying that the company will produce more products to help stock its bike retail channel Probiking and it has taken the view that entry-level four-stroke motorcycles will become defunct as the second-largest bike market in the world moves towards performance, the paper said. Ducati is a 95.4 mln eur company and all its products are in the 700cc-plus range with the brand having a formidable reputation in the MotoGP series. Triumph is a 165.0 mln stg company and has cruisers, urban sports bikes and other lifestyle products in its range including apparel and accessories. http://economictimes.indiatimes.com/...ow/2206133.cms http://www.forbes.com/business/feeds/afx/2007/07/16/afx3915536.html |
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#2 (permalink) |
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In The Zone
Join Date: Sep 2006
Location: Bangalore but heart in pune :-)
Posts: 400
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acquisitions all over the place(yesterday only reliance comm bought yipes) and if bajaj goes for ducati, superbikes will be easily available and affordable most probably(my dream though
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http://iphone3g-india.com - One stop for all iPhone3G updates, tips,news,resources http://iPadarena.com - Teh iPad Blog Last edited by dd_wingrider; 17-07-2007 at 11:52 AM. |
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#3 (permalink) |
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Alpha Geek
Join Date: Feb 2006
Location: Hyderabad
Posts: 745
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tata is in talks to buy jaguar it seems!
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Change is Nature, the part that we can influence; and it starts when we decide. Where you going? With Luck forward. |
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#5 (permalink) |
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Human Spambot
Join Date: May 2005
Location: Riding an Oliphaunt
Posts: 2,165
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Even if Bajaj buys Ducati, I do not think we will get Super Bikes for cheap in India. Even if we do get them, where are we going to ride them?
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The real and only freedom is Public Domain. Everything else in unfree! Even those who claim to be the self styled evangelists of freedom are not free because freedom cannot be forced by any means! |
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#6 (permalink) |
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AJJU
Join Date: Aug 2006
Location: hYdErAbAd
Posts: 2,388
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Bajaj is goin to release new 2 stroked SONIC .Dont worry sayin OOOH my god 2 stroke its going to have a new technology 2 stroke engine which has low co2 release and low petrol consumption than 4 stroke . It is bein made with some Australian company.Gotta say indian companies pushing the automobile Market
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