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Bajaj motorcycle sales up 36%

Posted: Fri Dec 01, 2006 4:56 am
by totalmotorcycle
Bajaj motorcycle sales up 36%
Friday, December 1, 2006 - NDTV Correspondent (New Delhi) - ndtvprofit.com


Bajaj Auto Ltd on Friday reported a 36 per cent increase in its motorcycle sales for November at 2,14,321 units compared to 1,57,831 units in the same month last year.

The exports jumped 56 per cent in November to 36,086 units as compared
to 23,112 units during the same month last year.

Exports pushed the company's two and three-wheeler sales for the month by 33 per cent at 2,43,713 units as against 1,83,411 units last year.

Sales of three-wheelers increased to 29,384 units from 17,157 vehicles in the year ago period.

Capacity expansion

The motorcycle capacity of the company is being expanded to three lakh units per month from April 2007 in anticipation of a growth of 25 per cent in the next financial year.

The company would also introduce three new motorcycles over the next few months, with a view to move a majority of customers away from 100cc 4-stroke motorcycles.

For the April-November period, Bajaj Auto posted a 35 per cent increase in its motorcycle sales at 16,56,591 units against 12,30,943 units in the corresponding period last fiscal. (with PTI inputs)