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Business News/ Companies / Bajaj motorcycle sales rise 52% in October
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Bajaj motorcycle sales rise 52% in October

Bajaj motorcycle sales rise 52% in October

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New Delhi: The country’s second largest two-wheeler maker, Bajaj, on Monday reported a 52.38% increase in its motorcycle sales at 2,49,681 units in October.

The company had sold 1,63,850 units in October last year, Bajaj Auto Ltd (BAL) said in a statement.

“Bajaj motorcycles grew 52% in October, 2009, despite several supply constraints. Bajaj is confident of maintaining this growth rate for the rest of 2009-10," it added.

Total two-wheeler sales during the month also increased by 51.06% to 2,49,974 units compared with 1,65,477 units in the same period a year ago, it added.

BAL’s exports went up by 11.88% to 84,012 units in October from 75,092 units a year ago. This was the highest ever monthly export reported by the company.

Total vehicle sales of the company last month stood at 2,80,455 units compared with 1,91,840 units in the same period a year ago, up by 46.19%, the statement said.

However, BAL said its commercial vehicle sales were hampered by “production constraints", but did not give any detail.

The company sold 127 units of Kawasaki Ninja 250R, which was launched on October 7 in the country.

BAL sold 95,139 units of its new 100cc Discover DTS-Si in October. Besides, it also sold 55,413 units of Pulsar.

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Published: 02 Nov 2009, 03:52 PM IST
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