Bajaj Auto reports 31 % decline in June sales
Two-wheeler and three-wheeler manufacturer Bajaj Auto on Thursday reported a fall of 31 per cent year-on-year in total sales, including exports, for June 2020.
The rate of fall on a sequential basis has narrowed down.
According to the company, its total sales during the month under review fell to 2,78,097 units from 4,04,624 units sold during the corresponding month of 2019.
Similarly, Bajaj Auto’s total domestic sales stood at 1,51,189 units — down 34 per cent — from 2,29,225 units sold in June last year.
The two- and three-wheeler manufacturer’s overall exports declined by 28 per cent to 1,26,908 units from 1,75,399 units shipped out during the like month of 2019.
In term of two-wheelers, the company’s total sales fell 27 per cent to 2,55, 122 units from 3,51,291 units sold in June last year.
The company’s commercial vehicles’ sales during the month under review declined by 57 per cent to 22,975 units from 53,333 units sold during the like period of last year.