BAJAJ TO LAUNCH NEW SPORT MOTORCYCLE IN DECEMBER
| October ’08 |
| |
|
| Particulars |
October 2008 |
October 2007 |
Change % |
| MOTORCYCLES |
163,850 |
248,307 |
(34) |
| TOTAL 2 WHEELERS |
165,477 |
250,175 |
(34) |
| 3 WHEELERS |
26,363 |
28,001 |
(6) |
| TOTAL 2 & 3 WHEELERS |
191,840 |
278,176 |
(31) |
| Exports out of the above |
75,092 |
55,572 |
35 |
|
| |
|
| 1. |
Bajaj’s primary sales to its dealers have been lower than dealer retails to normalise dealer stock build up over September for October’s festive season. Furthermore, a direct YoY comparison is misleading as the festive season
occurred in November last year. |
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|
| 2. |
Bajaj’s dominant near 50% market share of the 125cc+ motorcycle segment has been strengthened by the successful launch of the Platina 125 DTS-Si which sold 30,370 units in October. |
| |
|
| 3. |
Bajaj is determined to accelerate the growing popularity of 125cc+ motorcycles. Towards this purpose Bajaj will launch a new sport motorcycle in December, the third of four products off the XCD platform. |
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|
| 4. |
Subdued Commercial Vehicle sales continue to reflect poor market conditions. |
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| 5. |
Strong export growth is on plan. |
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|
| YTD 09 |
| |
|
| Particulars |
April ~ October 2008 |
April ~ October 2007 |
Change % |
| MOTORCYCLES |
1,283,958 |
1,273,865 |
1 |
| TOTAL 2 WHEELERS |
1,292,550 |
1,289,642 |
- |
| 3 WHEELERS |
159,425 |
174,218 |
(8) |
| TOTAL 2 & 3 WHEELERS |
1,451,975 |
1,463,860 |
(1) |
| Exports out of the above |
480,739 |
363,594 |
32 |
|
| |
|
Rajiv Bajaj
MD, Bajaj Auto Ltd., Pune
Saturday, 1st November 2008
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