Breaking News

You are here » Indian-Commodity  :  Top News  :  Bajaj Auto reports 5% fall in August sales

02-Sep2016

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.


Related News

View all news

Crude oil futures end lower on Monday

Crude oil futures ended lower on Monday as steep declines in the US stock market fed an aversion to so-called riskier assets, which include oil. Meanwhile, the US-China trade dispute escalated as China......

Gold futures trade flat on Monday

Gold futures was trading flat on Monday as growing uncertainty over whether the United States and China will be able to reach a deal to end their escalating trade war fueled safe-haven demand for the precious......

Jeera futures trade higher on rising demand

Jeera futures traded higher on NCDEX on the back of rising physical and export demand at the spot market. However, higher availability of crop this season, capped some gains.The contract for May delivery......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......