Date:02/02/2005 URL: http://www.thehindubusinessline.com/2005/02/02/stories/2005020201640200.htm

Back Bajaj Auto 2-, 3-wheeler sales increase 24.9 pc in Jan

Our Bureau

Mumbai , Feb. 1

BAJAJ Auto Ltd (BAL) today reported a 24.9 per cent rise in its two- and three-wheeler sales to 1,58,709 units for January 2005 from 1,27,022 units in the corresponding previous month.

Its total two-wheeler sales for the month were up 33.1 per cent at 1,42,294 units (1,06,872 units ), including a 56.3 per cent growth in motorcycle sales to 1,32,028 units (84,500 units).

However, the company's three-wheeler volumes slipped 18.5 per cent to 16,415 units (20,150 units), an official statement said.

Over the April 2004-January 2005 period, BAL's two- and three-wheeler volumes increased by 20.2 per cent to 15,04,986 units (12,51,934 units).

Its two-wheeler sales rose by 24.2 per cent to 13,20,311 units (10,63,039 units) including a 40.3 per cent rise in motorcycle sales to 11,85,594 units (8,45,158 units). Three-wheeler sales dipped 2.2 per cent to 1,84,675 units (1,88,895 units).

According to the statement, BAL plans to introduce two new bikes in April-June, one each in the entry and premium segments.

It is raising production capacity to 2,00,000 motorcycles a month by July.