comscore Bajaj Auto to end decade-old alliance with Kawasaki from April

Bajaj Auto to end decade-old alliance with Kawasaki from April

The company will further strengthen its relations with the Austrian firm KTM.

  • Published: March 27, 2017 8:00 PM IST
Bajaj Auto to end alliance with Kawasaki

Bajaj Auto today said it has agreed with Japan’s Kawasaki to end their decade-old alliance for sales and services in India from next month. The Pune based company is focusing on its partnership with Austrian firm KTM, under which it has been converting its Probiking outlets, where Kawasaki motorcycles were also sold, into KTM dealerships. Also Read - Bajaj Chetak electric launched with a range of 95km: Check out the price

Also Read - Bajaj Chetak makes a comeback as an all-electric two-wheeler

Also Read - Car makers Hyundai, Kia invest $300 million in Ola

“Kawasaki and Bajaj have mutually arrived at an amicable decision to end their alliance in India from April 1, 2017,” Bajaj Auto President (Probiking) Amit Nandi said in a statement.

Consequently, Kawasaki motorcycles will be sold by India Kawasaki Motors Pvt Ltd — 100 per cent subsidiary of Kawasaki Heavy Industries Japan — through its dealer network. The unit was established in India in July 2010. It will also provide after sales service, including that for past customers.

“Bajaj and Kawasaki will continue to maintain their co-operative relationship across the rest of the world for current and future businesses,” Nandi said.

Bajaj Auto formed an alliance with Kawasaki for the sale and after sales service of Kawasaki motorcycles through its Probiking network in 2009.

“We have progressively converted our Probiking network to be KTM dealerships,” Nandi said.

The Bajaj-KTM partnership, launched its first co-developed product, the 200 Duke in 2012. He said over the last 5 years, KTM achieved a CAGR of 48 per cent and sales volume in 2016-17 is estimated at 37, 000 units. ALSO READ: Honda WR-V to start shipping to overseas market; Brazil first on the list

“Now the Duke & RC models are being offered in five SKU’s through the over 300 KTM dealerships in India. Going forward, Bajaj intends to focus on the KTM brand,” Nandi said.

For the latest tech news across the world, latest PC and Mobile games, tips & tricks, top-notch gadget reviews of most exciting releases follow BGR India’s Facebook, Twitter, subscribe our YouTube Channel.
  • Published Date: March 27, 2017 8:00 PM IST

new arrivals in india

Best Sellers