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Bajaj Auto sales drop by third and Exports also went down

Bajaj has a big name in the automotive industry. But nowadays Bajaj auto s’ has seen a drastic change in the sales of their automobile.

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About the sales of Bajaj Auto

Bajaj Auto’s total sales is a decline of 31% at 278,097 units in June Bajaj auto stated today.

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Last year’s total sales of autos in June were 404,624 units which is much greater as compared to the present sales.

The Domestic sales of Bajaj Auto drop by 34% at 151,189 units last month.
The first quarter of Bajaj ended on 30 June 2020, the automotive manufacturer saw its total sales slump by 64% to 443,103 units as compared with 12,47,174 units in April-June period of 2019-20.

The Automotive company has reported that there is a decline of 27 % in the total two-wheeler sales at 255,122 units as compared to 351,291 units in the previous year.

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In June, the Bajaj domestic two-wheeler sales make a mark of 146,695 units. It was very low as compared to the previous year which was 26% on the 199,340 units

The Total exports of the company in June is also dropped by 28% for 126,908 units as compared to 175,399 units in June 2019, stated by Bajaj Auto.

The company also states that the total sales of commercial vehicles also fell by 57% at 22,975 units last month which is not enough in the context of 53,333 units in the year-ago period with domestic sales declining by 85% to 4,494 units against 29,885 units in June 2019.

The Bajaj Auto has restarted the manufacturing of the vehicles in Aurangabad and Pantnagar in April.

On this Thursday at 11:47 am, Bajaj Auto shares that they were trading at Rs2,858, 0.60% up, on the National Stock Exchange of India Limited (NSE), and at Rs2,858.95, 0.58% higher, on the Bombay Stock Exchange (BSE).

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