Image – Ashu Jaiswal
Busy updating their existing portfolio to BS6 standard, Bajaj is not attending 2020 Auto Expo.
Bajaj Auto Limited has reported a 3 percent decline in total sales for the month of January 2020. Total sales which had stood at 4,07,150 units in January 2019 dipped to 3,94,473 units in January 2020.
Taking total domestic sales into account, sales dipped 17 percent to 1,97,872 units as against 2,31,461 of two wheelers and commercial vehicles sold in January 2019 while exports on the other hand was the highest ever in the past month at 2,01,601 units, up 15 percent as against 1,75,689 units exported in the same month of the previous year.
Exclusively assessing the two wheeler segment, Bajaj Auto domestic sales dipped 22 percent and stood at 1,57,796 units, down from 2,03,358 units sold in January 2019 while exports increased 19 percent from 1,47,102 units exported in January 2019 to 1,74,546 units exported in the past month.
In the commercial vehicle segment, domestic sales increased 25 percent to 35,076 units up from 28,103 units sold in January 2019 while in this case, exports saw a de-growth of 5 percent to 27,055 units down from 28,587 units exported in January 2019.
| Particulars | Jan-20 | Jan-19 | Change % | Highlights |
|---|---|---|---|---|
| 2-WHEELERS | ||||
| DOMESTIC | 1,57,796 | 2,03,358 | -22 | – |
| EXPORTS | 1,74,546 | 1,47,102 | 19 | Highest ever sales. |
| SUB-TOTAL | 3,32,342 | 3,50,460 | -5 | – |
| COMMERCIAL VEHICLES | ||||
| DOMESTIC | 35,076 | 28,103 | 25 | – |
| EXPORTS | 27,055 | 28,587 | -5 | – |
| SUB-TOTAL | 62,131 | 56,690 | 10 | – |
| TOTAL (2-WH + CV) | ||||
| DOMESTIC | 1,92,872 | 2,31,461 | -17 | – |
| EXPORTS | 2,01,601 | 1,75,689 | 15 | Highest ever sales. |
| TOTAL | 3,94,473 | 4,07,150 | -3 | – |
Year to date sales (April to January 2020) has also noted de-growth in terms of domestic sales but significant increase in exports where two wheelers are concerned. However, the same cannot be said about the commercial vehicles which stayed flat in terms of domestic sales but exports dipped 18 percent. Total domestic sales of two wheelers stood at 18,33,060 units in the past month as against 21,34,584 units sold in the same period of the previous year. Exports surged to 15,93,310 units, up 10 percent as against 14,50,766 units exported in the April to January 2019 period. This took total two wheeler sales down 4 percent to 34,26,370 units as against 35,85,350 units of the April to January 2019 period.
YTD exports of commercial vehicles also dipped 18 percent to 2,65,595 units as compared to 3,22,415 units exported in the same period of the previous year. These figures took total domestic of two wheelers and commercial vehicles down 12 percent to 21,58,819 units in the April to January 2020 period while exports increased 5 percent to 18,58,905 units as compared to 17,73,181 units sold in the same period of the previous year.
Where the two wheeler segment is concerned, Bajaj Auto has commenced transition to the BS6 emission standards with the launch of the updated CT and Platina range while more such BS6 compliant products will be launched in the weeks ahead. Along with updating to BS6 emission norms, the company is also in the process of updating its range with the new quarter liter Dominar. The new Bajaj Chetak electric scooter was launched last month, and received good response in domestic market. In 15 days of launch, the company clocked around 2,000 bookings.
Source: Bike - rushlane.com
