Bajaj Auto reports 14% drop in total sales in October
Bajaj Auto reported a 14% drop in total sales on Monday to 4 39,615 units in October. The company sold a total of 5,12,038 units in the same month last year, Bajaj Auto said in a statement.
Total domestic sales declined 22% to 2,565 units last month from 2,81,160 units in October 2020. percent.
Sales of two-wheelers in the domestic market fell 26 percent to 1,98,738 units from 2,68,631 units in October last year, the company said. Two-wheeler exports amounted to 1,925,565 units against 2,01,659 units in the same month last year, down 5%, he added.
However, sales of commercial vehicles in the domestic market rose 58 percent to 19,827 units from 12,529 units in October last year. Exports of commercial vehicles fell 3 percent last month to 28,485 units from 29,219 units in October last year, Bajaj Auto reported.
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Article first published: Monday, November 1, 2021, 10:44 a.m. [IST]