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Bajaj Auto reports 3% drop in December sales

02 Jan 2015 Evaluate

Bajaj Auto, the second-largest motorcycle manufacturer has registered 3% drop in total sales to 2,89,244 units in December 2014 against 2,97,776 units in December 2013. The sales of the motorcycles decreased by 6% and stood at 2,46,233 units in the month under review against 2,60,645 units in December 2013. However, the company has reported 16% rise in Commercial Vehicles sales which stood at 43,011 units as compared to 37,131 units in month of October 2013.

Meanwhile, the company’s total exports out of the above stood at 1,66,134 units, an increase of 10% as compared to 1,50,753 units sold in the corresponding month last year.

Bajaj Auto is a $2.3 billion company founded in 1926. It is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.

Peers
Company Name CMP
Bajaj Auto 10032.50
TVS Motor Company 4022.00
Hero MotoCorp 5080.00
Eicher Motors 7059.00
OLA Electric Mobilit 36.69
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