But here too analysts question the price BAL has had to pay. Moreover, we have withdrawn the discounts during the last three months,'' he adds. Bajaj hasn't had any growth to show in the past two years. Hero Honda has been growing at 35 per cent in this period. Hero Honda is selling 85,000 bikes a month, and expects to maintain that pace till March.
Competitors point out that the discounts are still on in some states.
Now they have two different models of the Caliber in some states. This is confusing. I think it's near panic in Bajaj Auto, as far as motorcycles are concerned,'' he adds. That may seem an exaggerated claim, but the truth is Hero Honda is the leader, by far, in motorcycles. It sells 85,000 bikes a month.