Bajaj Auto’s August sales up by 8 percent

The company achieved the highest ever sales of 'Platina', its entry-level commuter bike.

Autocar Pro News Desk By Autocar Pro News Desk calendar 01 Sep 2022 Views icon6656 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

On the back of better pricing and a realigned product mix strategy, Bajaj Auto's domestic sales increased by 49 percent from 1,72,595 units in August 21 to 2,56,755 units in August 2022.

Overall, the Pune-based automaker recorded an 8 percent growth in total sales at 4,01,595 units (including commercial vehicles) in August 2022 compared to 3,73,270 units sold in August 2021. The year-to-date (YTD) sales of the company are lower by 3 percent at 16,89,911 units compared to the corresponding period of the previous year.

The company achieved the highest ever sales of 'Platina'.  

Bajaj Auto's total two-wheelers sales rose 5 percent to 3,55,625 units while total commercial vehicle sales rose 31 percent to 45,970 units in August 2022 over August 2021.

A 28 percent decline in exports to 1,44,840 units hit the company's earnings with consolidated net profit declining marginally to Rs 1,163.33 crore in Q1 FY23 from Rs 1,170.17 crore posted in Q1 FY22.

 

RELATED ARTICLES
Hero MotoCorp appoints Niranjan Gupta as CEO

auther Autocar Pro News Desk calendar30 Mar 2023

India’s two-wheeler market leader elevates Chief Financial Officer, Head - Strategy and M&A to CEO, effective May 1; Dr....

Tiago EV bats for Tata IPL 2023 as official partner

auther Autocar Pro News Desk calendar30 Mar 2023

Tata Motors to leverage the platform of the Indian Premier League to increase awareness of EVs, while also batting big f...

Altigreen delivers 200 fast-charging e-three-wheelers to B2B, B2C customers

auther Autocar Pro News Desk calendar30 Mar 2023

EV OEM makes its largest single-day delivery to customers in Bengaluru including Buy 2 Coffee, Fyn Mobility, DCO, Mother...