Bajaj Auto reports 2% fall in September sales

Bajaj Auto, the second-largest motorcycle manufacturer, has registered fall of 2% in total sales to 3,76,765 units in September 2016 against 3,84,400 units in September 2015. The sales of the motorcycles increased by 1% and stood at 3,31,976 units in the month under review against 3,30,228 units in September 2015. The company has reported 17% drop in Commercial Vehicles sales, which stood at 44,789 units as compared to 54,172 units in month of September 2015. Meanwhile, the company’s total exports out of the above stood at 1,21,173 units as compared to 1,73,801 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.