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Bajaj Auto sales fall 4.52 pct in June

Agencies

Posted: Thursday, Jul 02, 2009 at 1333 hrs IST
Updated: Thursday, Jul 02, 2009 at 1333 hrs IST


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New Delhi: Two-wheeler maker Bajaj Auto reported a 4.52 cent fall in motorcycle sales at 1,67,945 units in June against 1,75,903 units in the same month last year.

Total two-wheeler sales during the month stood at 1,68,471 units, a decrease of 4.88 per cent over the same month last year, Bajaj Auto Ltd (BAL) said in a statement.

The company sold 1,77,112 units of two-wheelers in the same period a year ago.

BAL's exports, however, went up by 4.39 per cent to 67,726 units in June from 64,878 units a year ago.

The company's total vehicle sales stood at 1,93,202 units last month compared to 1,96,741 units in the same period a year ago, down 1.80 per cent, the statement said.

"With the launch of the new Pulsar 220 DTS-i in June, Bajaj expects Pulsar sales to rise further beyond 48,062 units it sold in June," BAL said, adding that it expects to record double digit growth in motorcycle sales from August after the coming launch of its new large volume motorcycle this month.

Domestic commercial vehicle sales have begun to grow on the back of marketing initiatives focused on the in-city segment, the company said.

"Exports have normalised after the dip in January-March 2009 and are expected to gradually exhibit positive year-on-year growth," it added.

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» Bajaj Auto Sales June 09
Posted by pradeepjauhar on 2009-07-02 23:14:37.942588+05:30
It would appear that Bajaj is on a fast slide downhill irrespective of statements that sales will revive in the ensuing months. Imagine, Hero Honda sales are more than two times the sales by Bajaj in the domestic market. Less than two years ago, they were practically neck to neck in the sales stakes in two wheeler category, They seem to be losing their old glory and only a miracle and deep insight by Rajiv Bajaj can save them!!

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