Bajaj Auto, the second-largest motorcycle manufacturer has registered 22% drop in total sales to 243,319 units in February 2015 against 313,294 units in February 2014. The sales of the motorcycles decreased by 21% and stood at 216,077 units in the month under review against 273,323 units in February 2014. The company has reported 32% fall in Commercial Vehicles sales which stood at 27,242 units as compared to 39,971 units in month of February 2014.
Meanwhile, the company’s total exports out of the above stood at 112,909 units, a decline of 20% as compared to 142,009 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.
