Two-Wheeler Sales July 2020: Bajaj Sales Growth Dip By 33%

Bajaj Auto, the Pune-based auto manufacturer on Monday officially announced its monthly sales numbers for the month of July 2020. For the last month, the automaker retailed 2,55,832 units, as against the 3,81,530 units in the same month last year. The manufacturer has witnessed a degrowth of 33 per cent in Year-on-Year (Y-o-Y) numbers. However, as compared to the previous month, the company recorded a Month-on-Month (M-o-M) decline of 8 per cent wherein the company retailed 2,78,097 units in June 2020.

By Charanpreet Singh

1 mins read

Published on August 3, 2020

Highlights

Bajaj Auto's total sales in July 2020 stood at 2,55,832 units
Companys total domestic sales for last month stood at 1,58,976 units
The company's total exports for July 2020 stood at 96,856 units

Bajaj Auto announced its monthly sales numbers for the month of July 2020. For the last month, the automaker retailed 2,55,832 units, as against the 3,81,530 units in the same month last year. The manufacturer has witnessed a degrowth of 33 per cent in Year-on-Year (Y-o-Y) numbers. However, as compared to the previous month, the company recorded a Month-on-Month (M-o-M) decline of 8 per cent wherein the company retailed 2,78,097 units in June 2020. Also Read: Bajaj Auto Focuses On Exports As India Battles Pandemic Bajaj's total exports for the last month stood at 86,082 units, recording a drop of 43 per cent Bajaj's domestic sales for last month stood at 1,58,976 units, which is a de-growth of 23 per cent compared to 2,05,470 vehicles sold in the corresponding month in 2019. However, the M-o-M sales saw a slight growth of 0.8 per cent, as against June's 1,51,189 units. Bajaj Auto's total exports for the last month stood at 86,082 units, recording a drop of 43 per cent compared to the 1,51,232 units exported in the same month last year. In June 2020, the company had exported 1,26,908 units The cumulative two-wheeler sales including domestic and exports stood at 2,38,556 units last month, recording a decline of 26 per cent compared to the last year wherein the company sold 3,22,210 units in the same month. Also Read: Bajaj Auto Q1 FY21 Results: Net Profit Falls 53 Per Cent Due To COVID-19 Pandemic Bajaj's total CV sales stood at 17,276 units, down by 71 per cent Coming to commercial vehicles, Bajaj's total CV sales stood at 17,276 units, down by 71 per cent, as compared to the 59,320 CVs retailed in July 2019. However, the company also recorded a 24 per cent M-o-M degrowth as against the 22,975 vehicles sold in June 2020.