Two-Wheeler Sales January 2020: Bajaj Auto Sees 3% Decline In Volumes

Bajaj Auto registered a major decline in domestic volumes by 17 per cent at 1,92,872 units, which affected the company's overall sales for the previous month.

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Highlights

  • Bajaj witnessed a major drop in volumes for domestic sales
  • Exports stood at a record high at 2.01 lakh, a growth of 15 per cent
  • Two-wheelers majorly contributed to the exports as CV sales declined

Bajaj Auto has officially released its sales number for January 2020, and the company has registered a decline of 3 per cent in volumes. Last month, the Pune-based two-wheeler manufacturer sold 3,94,473 units, in comparison to the 4,07,150 vehicles sold in January 2019. The major hit was in the domestic market, where, the Bajaj's total sales fell by 17 per cent at 1,92,872 units, against 2,31,461 vehicles sold during the same month last year. Exports, on the other hand, was at a record high, as Bajaj sold 2,01,601 units in January 2020, witnessing a growth of 15 per cent, as against the 1,75,689 vehicles exported during the same month in 2019.

Like most automakers, the transition to BS6 regulation and liquidation of BS4 models can be cited as the main reasons for this de-growth. Especially, two-wheeler sales which took the biggest hit witnessing a de-growth of 22 per cent at 1,57,796 units, as compared to 2,03,358 vehicles sold in January 2019. As already mentioned, the company's exports were its highest ever in January, and it was mainly driven by two-wheeler exports. Last month the company exports 1,74,546 motorcycles from India, as against the 1,47,102 sold in January 2019, registering a 19 per cent growth.

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The same cannot be said for commercial vehicle (three-wheelers) exports for last month, which stood at 27,055 units, a decline of 5 per cent, as against the 28,587 CVs exported in January 2019. In the domestic market, Bajaj's CV sales grew by a massive 25 per cent, as the company sold 35,076 units in January 2020, compared to the 28,103 vehicles sold during the same month in 2019.

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As for the entire financial year, between April 2019 and January 2020, Bajaj Auto's total sales stood at 40,17,724 units, witnessing a de-growth of 5 per cent, as compared to the 42,33,063 vehicles sold during the same month last year. While domestic sales fell by 12 per cent, exports grew by 5 per cent, yet again driven by two-wheeler exports, which itself grew by 10 per cent during the Apr-Jan period.

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