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Bajaj Auto reports 11% fall in March sales

Bajaj Auto, the second-largest motorcycle manufacturer has registered a fall of 10.99% in total sales to 2,72,197 units in March 2017 against 3,05,800 units in March 2016. The company’s total exports out of the above stood at 1,02,918 units, marginal rise of 1.38% as compared to 1,01,519 units sold in the corresponding month last year.

The sales of the motorcycles decreased by 7.58% and stood at 2,44,235 units in the month under review against 2,64,249 units in March 2016. However, the company has reported 32.70% fall in Commercial Vehicles sales, which stood at 27,962 units as compared to 41,551 units in month of March 2016.

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.

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