Bajaj Auto sees 12% sales decline for motorcycles in April 2013
Bajaj Auto sees 12%sales decline for motorcycles in April 2013. Three wheeler sales totaled 43,000 units of which 29,000 were exported, while 14,000 were sold within the country.
In fact, exports have fallen by nearly 1/4th. Dismal sales has not only affected Bajaj Auto but also other two wheeler manufacturers in the country. Hero MotoCorp, the country’s top two wheeler manufacturers have also reported a 10% decline in sales during the month of April 2013 while TVS Motors have also recorded a 6% dip in sales in the domestic market.
Most bike manaufacturer have reported flat sales at present. The major winner and loser for the year are tied to the new Hero and Honda. After the split, a chunk of Hero’s sales have been clipped with Honda benefitting through sales incre4aswe.