Bajaj Auto reports sharp drop in sales in February

Bajaj Auto reported a disappointing month of auto sales in February.

The two- and three-wheeler maker reported a 21% dip in February motorcycle sales to 216,077 compared to the same month a year ago.

bajaj-auto

In three-wheelers, the company reported a 32% dip to 27,242 units.

The numbers are inclusive of exports. Total exports dipped 20% to 112,909 units in February.

February sales have been among the worst for Bajaj Auto this year as the company deals with competition from the likes of Honda Motorcycles, TVS and Hero Motocorp.

Particulars
Feb-15
Feb-14
Change %
Highlights
MOTORCYCLES
2,16,077
2,73,323
-21
COMMERCIAL VEHICLES
27,242
39,971
-32
TOTAL
2,43,319
3,13,294
-22
Exports out of the above
1,12,909
1,42,009
-20
Year to date
Particulars
Apr-Feb 2015
Apr-Feb 2014
Change %
Highlights
MOTORCYCLES
30,82,147
31,51,825
-2
COMMERCIAL VEHICLES
4,78,450
4,13,935
16
TOTAL
35,60,597
35,65,760
0
Exports out of the above
17,07,375
14,65,752
16