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Thursday, January 03, 2002 
Bajaj Auto posts 85% increase in motorcycle sales

Mumbai, Jan 2: Bajaj Auto Ltd (BAL) has recorded a 85 per cent growth in motorcycle sales at 62,379 units in December 2001 compared to 33,708 units during the same period last year.
Though December has traditionally been a low buying month, the company’s introduction of new models, namely Pulsar in select markets and the national launch of Kawasaki Bajaj Boxer, has given the boost to motorcycle sales, BAL vice president (business development and marketing) RL Ravichandran said in a release here on Wednesday.

The motorcycle marketshare has also risen to more than 24 per cent in December 2001 as compared to 19.4 per cent in December 2000, he added.

The decline in scooter sales has been arrested with sales of 27,368 units (16,761 during the previous year) and a market share of 76.1 per cent, the company said adding, sales of ungeared scooters were lower at 3,903 units (4,236).

The total two and three-wheelers sales during the reporting month stood higher at 1,11,366 units as compared to the 72,519 registered during the previous year.

— PTI

 
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