Bajaj Auto Sales Up 62% In May

Bajaj Auto Sales Up 62% In MayBajaj Auto has posted a 62% increase in its total sales during the last month (May 2010).

Two-wheeler and commercial vehicles major sold 299,442 units in May as compared to 185,341 vehicles in the year-ago period.

In an announcement, the company said that its flagship motorcycle brands Pulsar (75,974 units) and Discover (107,076 units) represented 68% of the overall motorcycle sales.

The company added that during the last month, its motorcycle sales increased by 63% to 269.488 units, while scooter sales stood at 648.

Three-wheeler sales grew by 52% to 29,954 units from the 185,341 units the sold in May 2009.

During May 2010, Bajaj exported 95,964 units, an increase of 64 percent over the previous corresponding month.

Total sales surged 73% during the first two months of 2010-11 at 612,914 units.

Bajaj Auto has set a target of increasing motorcycle sales by 50% in the existing fiscal with average sales of 300,000 motorbikes every month starting May. (With Inputs from Agencies)