Bajaj Auto reports 9% fall in vehicle sales during October

Two- and three-wheeler manufacturer Bajaj Auto on Friday said that it sold 4.63 lakh vehicles in October, down 9% in the year-ago period.

In October 2018, it had sold 5.06 lakh units, it said in a statement.

Domestic sales of motorcycles fell by 14 per cent to 2.42 lakh units from 2.81 lakh in October last year. But exports rose by 3 per cent to 1.56 lakh units from 1.51 lakh.

For the April to October period, motorcycle sales work out to 13.74 lakh units in domestic market, down 12% from 15.68 lakh units, and 10.9 lakh units in export markets, up 7% from 10.2 lakh units year-on-year.

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In commercial vehicles, domestic sales slipped by 5% to 36,260 units last month from 38,360 in October last year. Exports too fell by 21% to 28,035 units from 35,354 units.

For the April to October period, domestic sales totalled 2.3 lakh units, down 6 per cent from 2.4 lakh units, while exports dropped by 21% to 1.87 lakh units from 2.38 lakh units year-on-year.

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