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Bajaj Auto reports 29% rise in May sales

01 Jun 2023 Evaluate

Bajaj Auto has reported rise of 29% in total sales to 3,55,148 units in May 2023 as against 2,75,868 in the same month last year. Total domestic (2?WH + CV) sales increased by 103% to 2,28,401 units in May 2023 as compared to 1,12,308 units in May 2022. Total export sales decreased by 23% to 1,26,747 units in May 2023 as compared to 1,63,560 units in May 2022. 

Total domestic two-wheeler sales were up by 103% at 1,94,811 units in May 2023 as compared to 96,102 units in the year-ago month. Total domestic Commercial Vehicles sales stood at 33,590 units in May 2023 as against 16,206 units in May 2022, registering a rise of 107%. 

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 10032.50
TVS Motor Company 4022.00
Hero MotoCorp 5080.00
Eicher Motors 7059.00
OLA Electric Mobilit 36.69
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