Export business of Bajaj Auto grows 20% in December

The export business of Bajaj Auto has grown by 20% in December, year on year. However, the domestic motorcycle sales between April to December 2017 has gone down by 7%, year to date (YTD).

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Bajaj Auto sold 1,12,930 units in the month of December 2017, thus registering a 6% growth year on year. The 20% growth in the export market comes from the 1,15,832 units sold last month, when compared to the 96,647 unit sales in the same month in 2016. Coming to total motorcycle business in the domestic and international market, Bajaj has witnessed a 13% increase, despatching 2,28,762 units.

Particulars	Dec-17	Dec-16	Change %	Highlights
MOTORCYCLES (MC)
DOMESTIC	1,12,930	1,06,665	6	–
EXPORTS	1,15,832	96,647	20	–
SUB-TOTAL	2,28,762	2,03,312	13	–
COMMERCIAL VEHICLES (CV)
DOMESTIC	36,579	13,060	180	–
EXPORTS	27,206	9,157	197	–
SUB-TOTAL	63,785	22,217	187	Highest ever sales.
TOTAL (MC + CV)
DOMESTIC	1,49,509	1,19,725	25	–
EXPORTS	1,43,038	1,05,804	35	–
TOTAL	2,92,547	2,25,529	30	–

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Including commercial vehicles, the Pune-based manufacturer has grown by 25% year on year in the domestic market selling 1,49,509 units. The combined export business has grown by 35% year on year, registering 1,43,038 units. In total (Domestic and export sales of motorcycles & commercial vehicles), the Indian brand has sold 2,92,547 units. This amounts to a growth of 30% compared to the same month last year. The commercial vehicles department has also witnessed highest ever sales in December, growing by a whopping 187% by despatching 63,785 units. This includes both domestic and international sales.

Particulars	Apr-Dec 2017	Apr-Dec 2016	Change %	Highlights
MOTORCYCLES (MC)
DOMESTIC	14,76,990	15,87,852	-7	–
EXPORTS	10,35,955	9,31,063	11	–
SUB-TOTAL	25,12,945	25,18,915	–	–
COMMERCIAL VEHICLES (CV)
DOMESTIC	2,47,408	2,03,189	22	Q3 sales stood at 110,123 units. Highest ever quarterly sales.
EXPORTS	2,01,060	1,56,219	29	–
SUB-TOTAL	4,48,468	3,59,408	25	Q3 sales stood at 182,959 units. Highest ever quarterly sales.
TOTAL (MC + CV)
DOMESTIC	17,24,398	17,91,041	-4
EXPORTS	12,37,015	10,87,282	14	–
TOTAL	29,61,413	28,78,323	3	–

Coming to the sales performance from April to December, Bajaj has sold 14,76,990 motorcycles domestically, down by 7% compared to the same period in 2016. However, the export market has witnessed a 11% growth YTD, clocking 10,35,955 units. In total, the manufacturer has sold 25,12,945 units, with 0.23% decrease YTD. The total motorcycle and commercial vehicle business has grown by 3%, including domestic and export sales.