Bajaj is planning to end the long lasting partnership with the Japanese auto major Kawasaki. Both the companies have partnered themselves for the sales and services in India. However, the company says that the ending the partnership will not affect the Business performance.
Bajaj released a statement, which states, "The closure of tie-up does not have any impact whatsoever on the overall performance of the company nor do we have to anticipate this to have any impact on the stock price of the company."
The company revealed the data of the sales in the 2015 -2016 fiscal. As per the reports, Kawasaki sold 867 units of the Bike and total sales of the bikes in the previous fiscal was 38,93,581, thus it wouldn't have the hard impact in the business even if Bajaj ends up the partnership.
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