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Bajaj Auto reports 9% fall in October sales

02 Nov 2015 Evaluate

Bajaj Auto, the second-largest motorcycle manufacturer has registered fall of 9% in total sales to 3,52,822 units in October 2015 against 3,86,017 units in October  2014. The sales of the motorcycles decreased by 8% and stood at 3,08,733 units in the month under review against 3,36,923 units in October 2014. The company has reported 10% fall in Commercial Vehicles sales, which stood at 44,089 units in October 2015 as compared to 49,094 units in month of October 2014. The company’s total exports out of the above stood at 1,27,645 units, a loss of 19% as compared to 1,58,547 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 10491.00
TVS Motor Company 4252.00
Hero MotoCorp 5124.50
Eicher Motors 7315.45
OLA Electric Mobilit 34.04
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