New Delhi, Jun 01: Country's second largest bike manufacturer, Bajaj Auto Ltd today said it has posted an eight per cent growth in sales of motorcycles to 1,79,649 units in May 2008 as compared to 1,67,008 units in the same period previous year.
Overall the company sold 2,01,511 units, which included motorcycles, gearless scooters and three wheelers during the month and witnessed a growth of four per cent over May 2007 when it recorded a total of 1,93,437 units, a company statement said. The company attributes the hike in sales owing to the pre-ponement of marriage season from May 2008 to April 2008.
The company's newly launched motorcycle XCD 125 saw a growth of 23 per cent in sales, however, actual sales numbers of the bike were not shared by the company. ''Bajaj motorcycles grew 16 per cent owing to the strong performance of its 125cc and DTS-i portfolio comprising bikes like Pulsar, Avenger, Discover and XCD,'' the release stated.
In addition the company is on schedule to launch four new 125cc motorcycles later this year. The launch date of September will coincide with the beginning of the country's festival season. The company will also launch two new products in the commercial vehicle segment comprising three wheelers later in the year, it added.