Bajaj Auto continues on a steady growth path this year
Bajaj Auto has reported a 23.6% growth in motorcycle sales during April 2008, at 203,081 units, against 164,304 units in April 2007. The company's total two-wheeler sales also rose 23.08% during the month, at 203,930 units, as compared to 165,692 units in April 2007.
Bajaj’s total three-wheeler sales went down by 26.47% at 17,913 units, as compared to 24,360 units in April last year. However, exports increased by 41.79% to 73,624 units, from 51,926 units in April 2007.
According to a Bajaj Auto statement, the company’s sales were strong in the XCD, Discover, Avenger and Pulsar series, which together grew by 34%. Bajaj will now concentrate on consolidating its position in the 125cc category, which it expects to represent 50% of the market in 2009. The company also expects to export over 800,000 units this year.
Bajaj is also likely to launch bigger, more powerful motorcycles this year in collaboration with Japanese bike maker Kawasaki, and with Austrian bike manufacturer KTM, in which Bajaj has already picked up a significant stake.
