The Hindu : Bajaj Auto sales dip

Online edition of India's National Newspaper
Saturday, May 03, 2003

Business

Business

Bajaj Auto sales dip

Bajaj Auto has reported a 16 per cent drop in total sales of two and three wheelers at 99,430 units in April against 1.18 lakh units in the same period in the previous year due to the truckers strike.

Sales of two wheelers were down by 14.9 per cent at 88,749 units (1.04 lakh units) while that of three wheelers declined by 24.5 per cent at 10,681 units (14,147 units), the company said in a release here today.

"In general, the ten-day truckers strike had been a dampener on volumes. Inflow of materials as well as despatch of goods have been severely affected," the company added.

However, motorcycles sales witnessed a growth of 5.9 per cent at 71,074 units (67,136 units) in the first month of fiscal 2003-04.

TVS Motor

Sales of TVS Motor Company have grown by 16 per cent in April to 58,291 units from 50,283 units a year earlier. The company's total two-wheeler sales, including scooters and mopeds, rose by 5 per cent to 84,757 units from 80,686 units in the same month last year. TVS Motor said the growth was achieved despite the 10-day truckers' strike last month.

Sale of its sub-100cc scooters fell by 9 per cent to 9,880 units while mopeds dipped by 15.2 per cent to 16,576 units during the review month.

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