Date:03/05/2006 URL: http://www.thehindubusinessline.com/2006/05/03/stories/2006050301080200.htm

Back Bajaj Auto sales up 29 pc in April

Our Bureau

Mumbai , May 2

Bajaj Auto Ltd has reported a 29 per cent increase in its two and three-wheeler sales for April.

The auto major has reported sales of 2,12,123 vehicles during April against 1,65,045 units in April last year. Exports helped the growth.

Overseas sales during the month stood highest ever at 31,715 units, a 67 per cent growth from the year-ago period.

Motorcycles sales grew by 37 per cent to 1,88,518 units (1,37,858 units). Total two-wheeler sales grew by 29 per cent. The company said its motorcycle sales continued to outgrow industry, which grew at 21 per cent.

Sales of three-wheeler units moved up by 21 per cent to 21,159 units (17,453 units).

New motorcycle

The company said there has been good response from dealers and customers for its new motorcycle Platina due to be launched this month. Shares of Bajaj Auto moved up by 3.33 per cent to Rs 3112.90 on BSE.