Bajaj Auto’s domestic sales drop 20% to 1,58,755 units in November, Auto News, ET Auto

The Pune-based automaker sold 1,98,933 vehicles in the domestic market in November 2020.

New Delhi:
Bajaj Auto on Wednesday reported a 20% drop in total domestic sales (two-wheelers + utility vehicles) to 1,58,755 units in November 2021.

The Pune-based automaker sold 1,98,933 vehicles in the domestic market in November 2020.

Domestic sales of two-wheelers in November stood at 1,44,953 units compared to 1,88,196 units in the same month of 2020, down 23%, Bajaj Auto said in a regulatory filing.

However, domestic sales of commercial vehicles increased 29% in November 2021 to 13,802 units from 10,737 units in November 2020, he said.

In November, Bajaj’s total exports also fell by 1% to 2,20,521 units from 2,23,307 units in the corresponding month last year.

The automaker’s total vehicle sales (domestic + exports) were 3,796,276 units, down 10% from 4,222,240 units.

On an annual basis, the automaker’s total domestic sales increased 2% to 1266,673 units and total exports increased 44% to 17,02,639 units.

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Domestic sales of two-wheelers in October amounted to 1,98,738 units compared to 2,68,631 units in the same month of 2020, marking a 26% decline, Bajaj Auto said.

Total consolidated income was INR 9,080.50 crore in the quarter under review, compared to Rs 7,441.66 crore in the period last year, the company said.