Bajaj Auto Sales Plunge 70% In May
Bajaj Auto Ltd. on Tuesday reported a 70% decline in total sales at 1,27,128 units in May as against 4,19,235 units in the same month last year.
Total domestic sales declined by 83% to 40,074 units last month as compared to 2,35,824 units in May 2019, Bajaj Auto said.
The company further said its total two-wheeler sales were down 69% at 1,12,798 units as compared to 3,65,068 units in the year-ago month.
Domestic two-wheeler sales were at 39,286 units last month as against 2,05,721 units in May 2019, a decline of 81%, it added.
Overall commercial vehicles sales also declined by 74% at 14,330 units last month as compared to 54,167 units in the year-ago period, with domestic sales dropping by 97% to 788 units as against 30,103 units in May 2019.
Bajaj Auto said its total exports last month declined by 53% to 87,054 units as compared to 1,83,411 units in same period of last year.