Bajaj Auto Sept sales dip 14%
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Bajaj Auto on Tuesday reported a 14 per cent decline in overall sales last month compared to the corresponding period last year. In the sales statement, the company reported a 14 per cent decline in overall sales for September which was 360,152 units against 417,686 units in September last year.
"Despite sluggish market conditions, this is the second highest sales in any September," said a Bajaj Auto statement, adding that sales decline was largely because the festive season this year was a month later than last year. The company added that bigger and sportier Pulsar and Discover contributed 64 per cent of the motorcycle sales and the new Pulsar 200 NS and Discover 125 ST sold about 9,000 and 35,000 units respectively.
The company said its exports also dropped by six per cent in September with 1,33,222 units from 1,41,913 units in September 2011. Giving segment-wise break-up, the company said motorcycle sales in September fell by 15 per cent to 315,314 units from 371,208 units in September last year. It also added that the three-wheeler sales fell last month by four per cent to 44,838 units from 46,478 units in the corresponding month of the previous fiscal.
The combined sales of two- and three-wheelers from April to September 2012 fell by 6 per cent to 21,28,179 units from 22,56,952 units in September last year. Cumulative exports from April to September 2012 dropped 5 per cent to 8,05,930 units from 8,51,498 units during the corresponding period of last fiscal.
The company's motorcycle sales from April-September 2012 fell by 4 per cent to 19,11,147 units from 19,90,408 units in the corresponding period of last fiscal. The three-wheeler sales in the period under review fell by 19 per cent to 2,17,032 units from 2,66,544 units in the corresponding period of last fiscal.
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