Bajaj Auto Reports Significant Growth in Motorcycle and Two-Wheeler Sales

Strategic Insights -

Bajaj Auto, the country's second-largest two-wheeler maker, has announced a substantial increase in motorcycle sales, with a 78% jump to 2,34,623 units in February 2010 compared to 1,31,785 units in the same month last year. The company's total two-wheeler sales also saw a 77% rise to 2,34,710 units, while exports jumped by 53% to 77,642 units. Bajaj Auto attributed this growth to strong sales of its Pulsar and Discover range of bikes.

Key Takeaways:

  • Bajaj Auto reported a 78% jump in motorcycle sales to 2,34,623 units in February 2010 compared to 1,31,785 units in February 2009.
  • Total two-wheeler sales increased by 77% to 2,34,710 units, up from 1,32,393 units in the same period a year ago.
  • The company's exports rose by 53% to 77,642 units in February, from 50,738 units in February 2009.
  • Three-wheeler sales showed a 59% increase to 33,968 units, compared to 21,389 units in the same month last year.
  • Bajaj Auto attributed the growth to robust sales of its Pulsar and Discover range of bikes.
  • The company is expanding its motorcycle capacity to 3,00,000 units per month by April 2010.

Statistics:

  • 78% jump in motorcycle sales to 2,34,623 units in February 2010.
  • 77% rise in total two-wheeler sales to 2,34,710 units.
  • 53% increase in exports to 77,642 units.
  • 59% growth in three-wheeler sales to 33,968 units.
  • Capacity expansion to 3,00,000 units per month by April 2010.

Sources:

  • Accord Fintech, distributed by Contify.com.