Bajaj Auto Ltd.

BSE: 532977 | NSE: BAJAJ-AUTO
Large Cap | Automobile Two & Three Wheelers
9480.30
-96.30 (-1.01%)
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Bajaj Auto aims 27-30% share of local motorcycle market

Date: 18-03-2013

Bajaj Auto, a Pune-based firm aims to grab 27-30% share of the local motorcycle market base by introducing a series of new products in the coming months. The targeted share is a significant increase from the current levels as India's third biggest domestic two-wheeler seller’s domestic market share presently stands at around 24%.

The company has registered a 3% drop in its total vehicle sales in the month of February 2013. The company has sold 332,387 units in February 2013 as compared to 343,777 units in the same month last year, while the company’s sales from export out of the above stood at 135,149 units, a rise of 10% compared to 122,727 units in February 2012.