India car company Bajaj sales data
Firstly a brife introduction about Bajaj
The Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over a wide range of industries, spanning automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance
|
Particulars |
Apr-08 |
Apr-07 |
Change % |
|
MOTORCYCLES |
203,081 |
164,304 |
24 |
|
TOTAL 2 WHEELERS |
203,930 |
165,692 |
23 |
|
3 WHEELERS |
17,913 |
24,360 |
-26 |
|
TOTAL 2 & 3 WHEELERS |
221,843 |
190,052 |
17 |
|
Exports out of the above |
73,624 |
51,926 |
42 |
Bajaj motorcycles sales grew 24% owing to the strong performance of its 125cc+ DTS-i portfolio; combined sales of Pulsar, Avenger, Discover and XCD grew 34%.
Consequently, in the 125cc+ segment which is now approximately 36% of the motorcycle industry, Bajaj continues to lead with a market share of approximately 50%.
Bajaj’s immediate strategy is to introduce 4 well positioned 125cc+ motorcycles in FY09 in its endeavour to expand the 125cc+ segment to represent 50% of the industry by March’09.
Lackluster market conditions continue to cause degrowth in Commercial Vehicles.
Strong export growth is expected to continue this year with exports expected at over 800,000 units.