Bajaj Auto November sales fall by 3%

Written by:
Subscribe to Oneindia News

New Delhi, Dec 1 (UNI) Bajaj Auto Ltd, country's second largest motorcycle maker today said its vehicle sales in November fell three per cent from the corresponding year, its 10th straight month of decline.

The company's vehicle sales went down to 2,35,797 in November from 2,43,713 same period in the corresponding year.

The motorcycle sales slipped to two per cent to 2,09,876 units.

''Billings have been constrained by lower production arising out of plant closures,'' company statement said.

The company will complete its capacity expansion in December, the statement added.

''It is expected that from this month onwards motorcycle sales will once again show positive growth," the statement said.

Bajaj is raising production capacity of its new bike XCD 125 to 75,000 units a month to meet strong demand. It had sold 63,000 units of the bike between its launch in early September and October.


Please Wait while comments are loading...