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Bajaj Auto reports 20% fall in September sales

01 Oct 2019 Evaluate

Bajaj Auto has registered a fall of 20% in total sales to 402,035 units in September 2019 against 502,009 units in September 2018. The sales of the motorcycles decreased by 22% and stood at 336,730 units in September 2019 under review against 430,939 units in September 2018. The company has reported 8% fall in commercial vehicles sales, which stood at 65,305 units as compared to 71,070 units in month of September 2018.

However, the company’s total exports stood at 186,534 units, registering a fall of 2% as compared to 190,506 units sold in the corresponding month last year.

Bajaj Auto 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 9861.10
TVS Motor Company 3920.20
Hero MotoCorp 4991.10
Eicher Motors 6960.00
OLA Electric Mobilit 36.30
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