Bajaj Auto said its total exports declined to 1,84,432 units last month, as against 1,86,757 vehicles in October 2018.
Bajaj Auto on Friday reported total sales of 2,78,776 vehicles in the domestic market last month, marking a decline of 12.87 per cent compared with the corresponding period a year ago. In a regulatory filing, Pune-based Bajaj Auto said domestic motorcycle sales fell 13.87 per cent to 2,42,516 units in October. The auto maker said its total exports – including motorcycles and commercial vehicles – declined to 1,84,432 units last month, as against 1,86,757 vehicles in October 2018. Shares in Bajaj Auto rose more than 1 per cent during the session.
Motorcycle exports increased 3.30 per cent to 1,56,397 units. However, total motorcycle sales – including the domestic market and exports – came down 7.87 per cent to 3,98,913 units.
Domestic sales of commercial vehicles fell 5.47 per cent to 36,260 units. Exports in the commercial vehicle segment dropped 20.70 per cent to 28,035 units.
In the first seven months of current financial year, Bajaj Auto’s domestic sales of motorcycles stood at 1,374,802 units, as against 1,568,715 in the year-ago period. That marked a decrease of 12.36 per cent. Total domestic sales – including motorcycles and commercial vehicles – fell 11.48 per cent to 1,605,009 units in the seven-month period.