- Maxima C now commands a massive 45% market share in the three-wheelers Cargo Segment.
- Maxima Cargo Products has gained market share due to its strong attributes of reliability, power and economy.
December 08, 2021: Bajaj Auto Limited, “The World’s Favorite Indian” has taken over Leadership position in the three-wheeler cargo segment with Maxima C achieved a 45% market share in the period from April 21 to November 21. This was achieved in 6 years of Market launch, a rare achievement in the automotive industry.
This competitive gain has accelerated after Bajaj Auto Ltd. launched an innovative design BS6 products that meet emission standards yet are easy to maintain while maintaining their advantages of world-class reliability, powerful performance, and fuel efficiency.
The transition from diesel to CNG products, where Bajaj has been the undisputed leader for a long time has also helped Bajaj achieve this leadership position. The lower operating costs of CNG has become even more advantageous in recent times, and therefore the market’s Switching to CNG products as a viable purchase option. Important market developments such as recent growth in e-commerce and last-mile transportation due to a revival of economic activity in rural India have contributed to the category’s growth.
Speaking about the success of Maxima Cargo, Mr. Samardeep Subandh, President, Intra-City Business, said, “The unmatched product strengths of Bajaj Maxima C in terms of reliability, power and fuel economy coupled with Bajaj Auto’s strong financing strength, dealer network and manufacturing capability have ensured rapid scaling of the offering even in difficult Pandemic time. First-time buyers across the country have also chosen the Maxima C . because of the trust the Bajaj name has built over time.”
It is available in two fuel variants – CNG and diesel. The CNG variant of Maxima C has a powerful engine with 7.30 kw output at 4750 rpm. The diesel variant is powered by a 470.5 cc engine with an output of 6.74 kw at 3400 rpm and torque of 23.18 Nm at 2000 rpm. The vehicle’s increased payload helps accommodate heavy loads such as LPG cylinders and construction materials in difficult terrain. The robust power suspension and hydraulic shock absorbers give it the freedom to transport fragile goods without worrying about Damage.
About Bajaj Auto Ltd.:
With 18 million motorcycles sold in over 79 countries, the Bajaj brand is truly “The World’s” Favorite Bovine.” It is India’s largest motorcycle exporter with two out of every three motorcycles sold internationally with a Bajaj badge. The company is also the world’s largest manufacturer of three-wheelers. Bajaj Auto is the first two-wheeler company in the world to achieve a market capitalization of one trillion INR and continues to be the world’s most valuable two-wheeler Accompaniment. It has been delivering products that have the best design, the best technology and the best built on uncompromising quality for 75 years. The company is unwavering commitment to new product initiatives has made it future-proof.