Bajaj Auto Limited has released their sales statement for the month of July 2019. It can be seen there from that total sales of motorcycles and commercial vehicles fell 5 percent during the past month. Sales which had stood at 4,00,343 units in July 2018 fell to 3,81,530 units in the past month.
Taking into account the motorcycle segment, domestic sales dipped 15 percent from 2,01,433 units sold in July 2018 to 1,70,978 units in the past month. This includes sales of their entire range of motorcycles on offer in India – Pulsar, Dominar, Platina, CT100, Avenger, Discover and V series.
Motorcycle exports on the other hand increased by 15 percent from 1,31,247 units sold in July 2018 to 1,51,232 units in July 2019. This took total sales in this segment down 3 percent to a total of 322,210 units in July 2019 as against 3,32,680 units sold in the same period of the previous year.
Commercial vehicle sales also fell 12 percent in July 2019 with 59,320 units sold as against 67,663 units sold in July 2018. In this segment, both domestic sales and exports experienced a de-growth. Domestic sales dipped 4 percent to 34,492 units in July 2019 as against 36,078 units sold in July 2018 while exports fell 21 percent to 24,828 units in the past month as against 31,585 units sold in the same month of the previous year.
Not only in monthly sales, but it was also during the period April to July 2019 that Bajaj Auto Limited has reported a decrease in sales of motorcycles and commercial vehicles as compared to sales in the same period of 2018. Motorcycle sales in domestic markets dipped 2 percent from 7,95,667 units sold during April to July 2018 to 7,81,914 units sold in the same period of 2019.
Exports on the other hand increased 10 percent. Exports of motorcycles in April to July 2018 stood at 5,66,977 units which went up to 6,22,923 units in the same period of 2019. These higher exports took total sales up 3 percent to 14,04,837 units in April to July 2019 as compared to sales of 13,62,644 units in the same period of 2019.
Commercial vehicle sales also declined over the April to July 2019 period. Domestic sales dipped 8 percent to 1,20,709 units while exports fell 23 percent to 1,03,158 units taking total sales down 15 percent to 2,23,867 units as against 2,64,340 units sold in April to July 2018 period.
Total motorcycle dipped 3 percent while commercial vehicle sales increased 4 percent to 9,02,623 units and 7,26,081 units in April to July 2019 as against 9,26,176 units and 7,00,808 units respectively. This total sales to 16,28,704 units in the April to July 2019 period as against 16,26,984 units in the similar period of the past year.