Bajaj Auto Limited has released their sales report for May 2019. During the past month, it was noted that the company’s domestic vehicle sales increased by 5 percent to 2.35 lakh units while total exports were up 1 percent to 1.83 lakh units over the same period of the previous year.
Taking into account motorcycle sales, domestic sales were up 7 percent from 1,92,543 units sold in May 2018 to 2,05,721 units sold in the past month. Exports also increased by 6 percent in May 2019 from 1,50,052 units exported in May 2018 to 1,59,347 units exported in the past month, thus taking total motorcycle sales up 7 percent from 3,42,595 units in May 2018 to 3,65,068 units in May 2019.
Commercial vehicle sales suffered a 16 percent dip in May 2019. Domestic sales and exports were negative during the past month with domestic sales of commercial vehicles down 6 percent from 32,082 units sold in May 2018 to 30,103 units sold in the past month. Exports also fell by as much as 26 percent to 24,064 units in May 2019 as against 32,367 units exported in the same month of the previous year. This took total commercial vehicle sales down 16 percent to 54,167 units as compared to 64,449 units sold in May 2018.
Total motorcycle and commercial vehicle sales stood at 4,19,235 units in May 2019 as against 4,07,044 units sold in May 2018 up 3 percent. Domestic sales in this segment increased by 5 percent from 2,24,625 units sold in May 2018 to 2,35,824 units sold in the past month while exports increased by 1 percent to 1,83,411 units as against 1,82,419 units sold in May 2018.
Year to date sales have also shown positive results where motorcycle sales are concerned, though sales of commercial vehicles have dipped by 14 percent. In domestic markets, motorcycle sales increased 5 percent during the period April to May 2019 with 4,11,596 units sold as against 3,93,285 units sold in the same period of the previous year.
Likewise, exports also increased 7 percent from 2,98,927 units exported in April-May 2018 to 3,19,740 units exported in the same period in the current year. This took total motorcycle sales up 6 percent from 6,92,212 units sold in April May 2018 to 7,31,336 units sold in April May 2019. The Pulsar range has contributed to good sales growth along with the CT100 and the Bajaj Platina.
Commercial vehicle sales dipped 14 percent with domestic sales down 7 percent and exports down 21 percent. Sales of commercial vehicles in domestic markets stood at 56,332 units in the April May 2019 period as against 60,804 units in the same period of the previous year. Exports which stood at 69,196 units in April May 2018 period went down to 54,882 units in the same period of 2019 taking totals to 1,11,214 units in April May 2019 as against 1,30,000 in April May 2018. The combined sales of motorcycles and commercial vehicles increased 2 percent from 8,22,212 units sold in April May 2018 period to 8,42,550 units sold in the same period of the current year.