Bajaj Auto Sales Rise 11% In December As Exports Surge
Bajaj Auto Ltd. reported an 11% increase in total sales in December 2020 driven by a pickup in exports.
The firm sold 3.72 lakh vehicles last month compared to 3.36 lakh units in December 2019, according to an exchange filing. Domestic sales fell 9% to 1.39 lakh units.
Total motorcycle sales rose 19% to 3.38 lakh units, as exports jumped 27% to 2.32 lakh units.
Highlights Of December Sales Performance Of Indian Automakers
Maruti Suzuki India Ltd. posted 20% sales growth.
Tata Motors Ltd.'s domestic sales rose 21%.
Mahindra & Mahindra Ltd. reported 25% growth in farm equipment sales while automotive sales fell.
Hyundai Motor India Ltd. registered record December sales.
TVS Motor Co. sales jumped 17.5%.
Eicher Motor Ltd. sales soared 37%.
Ashok Leyland Ltd. reported 14% sales growth.
Escorts Ltd. delivered highest-ever December sales.
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