Wednesday, 6 November 2013

Bajaj Auto motorcycle sales down 4%


Bajaj Auto has witnessed a 4 per cent decline in motorcycle sales year-on-year during October. The Pune-based motorcycle major sold 3.48 lakh bikes in October 2013 compared with 3.61 lakh units in the same month of 2012.

Sales of its three-wheelers took a greater hit with 37,000 units, representing a decline of 26 per cent.

Combined sales stood at 3.85 lakh units versus 4.11 lakh units, a dip of 6 per cent YoY.

The good news came from total vehicles exported with the company notching its highest-ever October exports. At 1.38 lakh units, the exports stood 9 per cent higher over last year.

On a year-to-date basis, (April to October), Bajaj Auto sold a little over 2.05 million bikes against 2.27 million units in the same period of the previous fiscal, down 9 per cent. Sales of three-wheelers remained flat.

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