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Bajaj Auto August sales volume down 6%

September 2, 2007

Bajaj Auto, the country’s second largest two wheeler manufacturer reported 6% fall in overall sales volume for the month of Aug ’07 to 195707 vehicles. The sales volume of two wheelers consisting of motorcycles and scooters declined by 6% yoy to 170203 vehicles with sales of motorcycles was down by 7% yoy at 167483 vehicles. Product fatigue in 100 CC motorcycle segment continue to plague the overall motorcycle volumes of the company. The sales of three-wheeler for the month was 25504 vehicles, down by 2% yoy. However on the positive side the exports volume was up by sharp 75% to 56452 vehicles for the month August’07.

National launch of its new 125 CC DTS-SI motorcycle is scheduled in Sep ’07. The company have commenced production of this new 125 cc DTS-Si motorcycle at its Waluj (Aurangabad) plant and targets a sales of 20,000 units in September 2007. And by November ’07 the company expects to notch volume of 50000 units. The new bike volume is expected to power the monthly sales volume figures of motorcycles on year on year growth commencing Nov’07. With launch of this new model the company expects almost 75% of its motorcycle portfolio would be in the more profitable 125 cc – 250 cc segment

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