Bajaj Auto witnesses 31 per cent growth in sales in November

In November, Bajaj Auto experienced a significant surge in sales, with a 31 per cent increase compared to the same month last year. The total vehicle sales for the Pune-based company reached 4,03,003 units, up from 3,06,719 units in November 2022.

Domestic sales, encompassing both two-wheelers and commercial vehicles, showed remarkable growth, reaching 2,57,744 units, a substantial 69% increase compared to 1,52,883 units in November 2022. However, exports during the same period experienced a 6% decline, decreasing from 1,53,836 vehicles to 1,45,259 units.

Specifically, domestic sales of two-wheelers saw a notable increase of 77%, reaching 2,18,597 units compared to 1,23,657 units in November 2022. On the other hand, exports of two-wheelers declined by 6%, totaling 1,30,451 units in the previous month.

Overall, the total two-wheeler sales in November 2023 amounted to 3,49,048 units, marking a substantial 33% growth over the corresponding month in the previous year. Commercial vehicle sales for the same period reached 53,955 units, as reported by the company.

With input from PTI