Mumbai, Nov 2 (IANS) Two- and three-wheeler major Bajaj Auto Wednesday reported an increase of seven percent in its sales for October at 395,274 units compared to 370,816 units in the like period of last year.
The company clocked 20 percent higher exports for the month under review at 131,948 units from 110,387 units in the corresponding month of 2010.
Segment-wise sales were led by the company’s commercial vehicles, which grew by eight percent at 44,191 units as compared to 41,040 units in October, 2010.
Motorcycle sales, which were affected by a production loss, still managed to grow at six percent with 351,083 units, up from 329,776 units in the like period of last year.
‘Production loss of 25,000 motorcycles at Pantnagar due to the curfew imposed in early October constrained sales,’ the company said in a statement.
The consolidated sales for the fiscal grew by 15 percent at 2,652,226 units over 2,299,722 units sold in the corresponding period of 2010-11.
The consolidated exports for the fiscal rose by 33 percent at 983,446 units from 741,618 units for the like period of the last fiscal.
