Bajaj Mobility AG slashes FY25 outlook; realignment includes 500 job cuts

Restructuring deepens as demand resets

Bajaj Mobility AG formerly Pierer Mobility AG outlined a sharp FY25 reset, projecting consolidated sales slightly above 1 billion euros, a 46% decline versus last year. Management flagged an unavoidable reduction of around 500 employees as part of a broader realignment, while highlighting operational progress in inventory and second-half momentum.

Key highlights:

• Sales outlook: FY25 consolidated sales just over 1 billion euros, down 46% year-on-year.
• Workforce action: Reduction of around 500 employees deemed unavoidable as part of necessary realignment.
• Motorcycles: 209,704 units sold, down 28% year-on-year; second-half sales rose 60% versus first half.
• Inventory discipline: Motorcycle inventory reduced by over 100,000 units, improving balance sheet flexibility.
• E-bicycles and bicycles: 64,110 units sold, down 40% year-on-year, reflecting broader demand softness.
• Strategic focus: Continued restructuring to stabilize margins and align capacity with market realities.

Sources: Finanzwire brief on Bajaj Mobility AG (formerly Pierer Mobility AG) restructuring and FY25 outlook.