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Bajaj Auto reports 5% fall in August sales

Bajaj Auto, the second-largest motorcycle manufacturer, has registered fall of 5% in total sales to 325,347 units in August 2016 against 341,965 units in August 2015. The sales of the motorcycles decreased by 4% and stood at 279,911 units in the month under review against 290,436 units in August 2015. The company has reported 12% drop in Commercial Vehicles sales, which stood at 45436 units as compared to 51529 units in month of August 2015. Meanwhile, the company's total exports out of the above stood at 125,033 units as compared to 181,658 units sold in the corresponding month last year.

Bajaj Auto is world's fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.

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