Bajaj Auto, the second-largest motorcycle manufacturer has registered fall of 2% in total sales to 3,45,438 units in May 2015 against 3,51,436 units in May 2014. The sales of the motorcycles decreased by 4% and stood at 3,01,862 units in the month under review against 3,13,020 units in May 2014. However, the company has reported 13% surge in Commercial Vehicles sales, which stood at 43,576 units as compared to 38,416 units in month of May 2014.
Meanwhile, the company’s total exports out of the above stood at 1,58,824 units, a rise of 2% as compared to 1,56,179 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.
