2-Wheeler Sales Sep 20: Bajaj Auto sold two lacs+ units of two-wheelers in India after a gap of many months, while the exports skyrocketed to new highs…
It looks like the Indian two-wheeler market is finally recovering from the slow-down caused by the COVID-19 pandemic-related lockdowns. The automakers have started reporting sales numbers for September 2020, and we see some good growth in their sales numbers.
The Pune-based manufacturer, Bajaj Auto, revealed its sales numbers denoting a strong comeback. The company sold more than two lakh units of two-wheelers in India after a gap of many months. It also recorded the highest-ever exports in a single month for the company.
2-Wheeler Sales Sep 20
Bajaj Auto, which manufactures only motorcycles in the IC-engine powered two-wheeler space, sold a total of 4,04,851 units during September 2020, as compared to 3,36,730 units it registered during the same month last year. It means a healthy volume growth of 20% over the previous year.
Breaking down the numbers, the company sold 2,19,500 units of its motorcycles during the last month, compared to 1,77,348 units sold during the corresponding period in 2019, denoting a remarkable 24% growth.
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While the domestic numbers are surely encouraging, the export numbers are the ones that deserve a special mention. During September 2020, Bajaj Auto exported 1,85,351 units of two-wheelers to over 70-countries across the world, compared to 1,59,382 units it did during September 2019, thereby recording a growth of 16% Y-o-Y.
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While these export numbers are the highest ever for Bajaj Auto, they are probably the highest ever in India’s entire automotive industry, as Bajaj is the largest auto-exporter in the country.