Bajaj Auto Ltd.

Bajaj Auto, the second-largest motorcycle manufacturer has registered a 17% drop in total sales to 310,591 units in November 2013 against 372,293 units in November 2012. The sales of the motorcycles decreased by 15% and stood at 278,703 units in the month under review against 326,727 units in November 2012. The company has reported a 30% drop in Commercial Vehicles sales which stood at 31,888 units as compared to 45,566 units in month of November 2012.

Meanwhile, the company’s total exports out of the above stood at 133,731 units, an increase of 8% as compared to 124,115 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.