Bajaj Auto Reports Robust 24% YoY Growth in January Vehicle Sales

1 Feb 2024 , 11:58 AM

Bajaj Auto Ltd reported a 24% YoY growth in total vehicle sales, including exports, reaching 356,010 units in January. In January 2023, the company had sold 287,935 vehicles. Domestic sales, including commercial vehicles, saw a significant 31% rise at 230,043 units compared to 175,210 units in the same month last year.

Total exports for the month increased by 12% to 125,967 units, up from 112,725 units in January 2023.

The combined volume of two-wheelers (domestic + exports) in January 2024 reached 308,248 units, marking a 27% increase from 243,047 units in January 2023. Domestic two-wheeler sales saw a remarkable 36% growth, reaching 193,350 units from 142,368 units in January 2023.

Two-wheeler exports experienced a 14% YoY growth, totaling 114,898 units, compared to 100,679 units in the same month the previous year. Total Commercial Vehicle (CV) sales, including exports, grew by 6%, reaching 47,762 units in January, up from 44,888 CVs in January 2023.

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