Bajaj Auto sells 1,35,887 two- and three-wheelers in October

By Our Corporate Bureau | 01 Nov 2002

1
Mumbai: The month of October 2002 has been an exciting one for Bajaj Auto as the company witnessed several milestones.

Sample some:

  • 135,887 two- and three-wheelers sold
  • Highest-ever sale of motorcycles in any month — 82,913 numbers sold
  • Cumulative production of the Pulsar crossed 1,00,000 numbers this month; a total of 18,412 Pulsars have been sold during this month
  • Highest-ever three-wheeler sales in any month — 20,676 numbers sold
  • Highest-ever exports in any month — 12,768 two- and three-wheelers.

The company sold 135,887 two- and three-wheelers in October 2002, including a record sale of 82,913 motorcycles. The motorcycle growth is propelled by the sale of over 51,000 Boxers, which reinstates this product's dominance in the entry-level segment.

During the month, the company launched the Boxer AR. This product is targeted at the semi-urban and rural markets and comes with the new 7.7bhp, 91kmpl high-performance K-Tec engine, reinforced frame, stronger shock absorbers and rugged styling. The company has sold over 12,000 numbers in the very first month of its launch.

In addition, on 28 October 2002, the Chakan plant crossed the milestone of a cumulative production of 100,000 Pulsars. This was achieved within the first 12 months of the launch of the product. The company's plans to enhance capacities for this model are under way.

Three-wheelers continue their strong growth with over 20,000 three-wheelers being sold in October — a growth of 40 per cent over October 2001. During the month, the company exported a total of 12,768 two- and three-wheelers as against 5,438 two- and three-wheelers in October 2001 — an increase of 135 per cent.

The cumulative exports for the period are 53,097 two- and three-wheelers as against 23,085 numbers in the corresponding period of the previous year and 44,311 two- and three-wheelers in the whole of the last financial year. The company is confident of achieving its target of exporting 75,000 two- and three-wheelers during the year.

The company continued to maintain its leadership position as the largest exporter of two- and three-wheelers in India. Customers can look forward to the launch of the BYK, a contemporary motorcycle for the youth, in this quarter. The BYK exudes sheer youthfulness in its design while also embodying leading-edge technology to provide good performance and high mileage at an unbelievable price.

The summarised performance for the year is given in the table below:

  Apr-Oct 02 Apr-Oct 01 Growth y-o-y%
Total Motorcycles
4,95,608
3,40,069
45.8
Total 2-Wheelers
7,40,183
6,76,111
9.5
3-Wheelers
1,14,877
93,836
22.4
Total 2&3 Wheelers
8,55,060
7,69,947
11.0
Out of the above Exports
53,097
23,085
130.0

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