-52.55 (-0.55%) Bajaj Auto, the second-largest motorcycle manufacturer has registered a 13% rise in total sales to 3,19,292 units in July 2014 against 2,81,327 units in July 2013. The sales of the motorcycles increased by 9% and stood at 2,67,841 units in the month under review against 2,46,828 units in July 2013. The company has reported 49% rise in Commercial Vehicles sales which stood at 51,451 units as compared to 34,499 units in month of July 2013.
Meanwhile, the company’s total exports out of the above stood at 1,69,755 units, an increase of 54% as compared to 1,10,023 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.