Bajaj witness 4% sales decline in April 2014
The total sales for Bajaj Auto for April 2014 including exports stood at 331,529 units against 344,178 units in April 2013 registering 4% de-growth.
Motorcycles sales stood at 299,6361 units in April 2014, marginally higher than 300,827 units sold in April 2013. Three wheeler sales declined by 26% at 31,893 units in April 2014 against 43,351 units during the same month of previous year.
Bajaj has previously ended financial year 2013-14 with cumulative sales decline of 9% where sales stood at 3,870,090 units during the period against 4,237,162 units during FY 2012-13.
Source – ACG, Company
The two wheeler industry is having growth in the scooter segment wherein Bajaj Auto exited and thus it has lesser diversified product portfolio.
Jagdish Adlakha
Business Unit Head
Jamuna Auto.