Market Update: Bajaj Auto sales increased by 31 percent in November
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Bajaj Auto’s total sales in November increased by 31 percent year-on-year to 4,03,003 units. The company had sold 3,06,719 units in November 2022. According to a statement issued by Pune-based Bajaj Auto Limited, total domestic sales (two-wheelers and commercial vehicles) increased by 69 percent last month to 2,57,744 units, whereas in November 2022 it was 1,52,883 units.
Exports declined by six percent to 1,45,259 vehicles in the month under review, while 1,53,836 vehicles were sent to foreign markets in the same month last year, the statement said. Domestic sales of two-wheelers stood at 2,18,597 units, up 77 percent compared to 1,23,657 units sold in November 2022.
Exports fell six percent year-on-year to 1,30,451 units last month. Total sales of two-wheelers in November 2023 stood at 3,49,048 units, which is 33 percent more than the same month last year. According to the company, total commercial vehicle sales in November 2023 stood at 53,955 units.
Disclaimer: IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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