| | CHAIRMAN'S
SPEECHES |  |
| | EVENTS
& HAPPENINGS | |
| | PRESS
RELEASES | |
| | MEDIA
KIT | |
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 | Press
Release | | |  | |
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BAJAJ MOTORCYCLE SALES GROW 24%
| April ’08 |
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| Particulars |
April 2008 |
April 2007 |
Change % |
| MOTORCYCLES |
203,081 |
164,304 |
24 |
| TOTAL 2 WHEELERS |
203,930 |
165,692 |
23 |
| 3 WHEELERS |
17,913 |
24,360 |
-26 |
| TOTAL 2 & 3 WHEELERS |
221,843 |
190,052 |
17 |
| Exports out of the above |
73,624 |
51,926 |
42 |
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| 1. |
Bajaj motorcycles sales grew 24% owing to the strong performance of its 125cc+ DTS-i portfolio; combined sales of Pulsar, Avenger, Discover, and XCD grew 34%.
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| 2. |
Consequently, in the 125cc+ segment which is now approximately 36% of the motorcycle industry, Bajaj continues to lead with a market share of approximately 50%.
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| 3. |
Bajaj’s immediate strategy is to introduce 4 well positioned 125cc+ motorcycles in FY09 in its endeavour to expand the 125cc+ segment to represent 50% of the industry by March’09. |
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| 4. |
Lackluster market conditions continue to cause degrowth in Commercial Vehicles.
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| 5. |
Strong export growth is expected to continue this year with exports expected at over 800,000 units. |
Rajiv Bajaj
MD, Bajaj Auto Ltd., Pune
Thursday, 1st May 2008
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