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Bajaj Auto reports 10% fall in April 2013 sales

02 May 2013 Evaluate

Bajaj Auto, the second-largest motorcycle manufacturer has registered a 10% fall in total sales (excluding exports) to 3.44 lakh units in April 2013 against 3.81 lakh units in April 12. The sales of the motorcycles declined by 12% to 3.01 lakh units in the month under review against 3.42 lakh units in April 12. Company’s total exports stood at 1.30 lakh units, a drop of 23% as compared to 1.69 lakh 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 10069.85
TVS Motor Company 4021.45
Hero MotoCorp 5173.00
Eicher Motors 6949.85
OLA Electric Mobilit 37.09
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