Bajaj Auto Sales Witness 18 Percent Drop in January

Bajaj Auto reported a 18 percent decline in total sales in January at 2,41,917 units as against 2,93,939 units during the same month a year ago. Motorcycle sales during the month decreased by 16 percent to 2,11,824 units from 2,52,988 units in January 2016, the company said in a regulatory filing.

Its commercial vehicle sales stood at 30,093 units during the month under review as compared to 40,951 units in the year-ago period, down 27 percent. Further, the exports were at 1,06,729 units as against 1,32,069 units in January 2016, down 19 percent.