Bajaj Auto, the second-largest motorcycle manufacturer has registered 9% drop in total sales to 2,88,746 units in January 2015 against 3,18,171 units in January 2014. The sales of the motorcycles decreased by 12% and stood at 2,46,955 units in the month under review against 2,81,390 units in January 2014. However, the company has reported 14% rise in Commercial Vehicles sales which stood at 41,791 units as compared to 36,781 units in month of January 2014.
Meanwhile, the company’s total exports out of the above stood at 1,42,992 units, an increase of 4% as compared to 1,37,644 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.
