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Bajaj Auto Sales and Stock Skid

November 1, 2007

We have just received reports that Bajaj Auto’s vehicle sales slipped 0.50% to to 278,176 units in October 2007 over for October 2006. Motorcycle sales slipped 1.10% to 248,307 in October 2007 over October 2006.

It sold 63,000 units of its new XCD 125 cc bike since launch in early September 2007. Sales of its three-wheelers fell 2% to 28,001 units while exports rose 38% to 55,572 units in October 2007 over October 2006.

Year-to-date, Bajaj Auto’s total sales were down 11% at 1,463,860 units while bike sales fell 12% to 1,273,865 units.

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