January Auto Sales Live: Bajaj Auto Sales Rise 8% In January As Exports Surge
Bajaj Auto Sales Rise 8% In January As Exports Surge
Bajaj Auto Ltd. reported an 8% increase in total sales in January driven by a strong pickup in exports.
The firm sold 4.25 lakh vehicles last month compared to 3.94 lakh units it sold during the same time last year, according to an exchange filing.
Total domestic sales fell 11% to 1.70 lakh units in January.
Exports rose 26% to 2.54 lakh units, highest ever sales in January
Total two-wheeler sales rose 16% to 3.84 lakh units, as exports jumped 30% to 2.27 lakh units.
Hero MotoCorp Sales Fell 3.13 % In January
India's largest two-wheeler manufacturer, Hero MotoCorp Ltd. reported a 3.13% year-on-year fall in sales with the two-wheeler maker selling 4.85 lakh units in January.
Motorcycle sales fell 9% to 4.49 lakh units in January.
Scooter sales rose five-fold to 36852 units in January.
Exports rose 33% to 18,113 units in January
Royal Enfield's Domestic Sales Rise 8%, Exports Double
Eicher Motor Ltd. saw sales of Royal Enfield motorcycles rise 8% in January, led by an increase in deliveries of models with engine capacity of upto 350cc.
Royal Enfield, the maker of India's cult cruiser motorcycles, saw its sales rose to 68,887 units compared with 63,520 units it sold in January last year.
Exports more than doubled to 4,515 units in January.
Sales of models with engine capacity up to 350 cc rose 9% to 64,248 units.
Sales of models with capacity over 350cc rose 7% to 4,639 units.
Volvo Eicher Commercial Vehicles Sales Grow 2.3% In January
Volvo Eicher Commercial Vehicles, the commercial vehicle arm of Eicher Motors Ltd, saw its sales grew 2.3% in January to 5,673 units, up from 5,042 units same time last year, the company said in a statement to the exchanges.
Domestic sales rose 1.9% to 4964 units from 4871.
Exports were up 7.4% to 555 units from 517 units.
Tata Motors Domestic Sales Rise 28%
Tata Motors Ltd. reported a 28% year-on-year increase in domestic sales as higher car deliveries offset the impact of muted commercial vehicle demand. Total sales rose to 57,742 units in January, compared to 45,242 units last year.
Car sales nearly doubled to 26,978 units in January.
Total domestic commercial vehicle sales declined 2% to 30,764 units mainly due to a drop in sale of passenger carriers and small commercial vehicles.
Commercial vehicle export fell 15% to 2,145 units.