The Domestic sales of Bajaj showed a downward spiral of -14% now that does mean 39,066 more units were sold last year in October 2018.
But the exports showed 3% growth as 4,994 more units were sold this October. Compared with the same month of last year.
However Bajaj sales go down by 2.7% in this quarter with global sales of 2.8 million in 2019. We see that the sales are going down in Latin America.
We also see in 2019 two largest motorcycle market India and China are on the decline. 2.8 million is the figure for Bajaj sales worldwide that doesn’t include the KTM sales.
Here is the bifurcation.
- 2/3 sales were in India with sales at 1.97 million units which is down by 3.8%
- Sales are doing great in countries like Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, and Uzbekistan.
- With 3.5000 units sold in the nine months that is almost twice the figures compared to 2018.
- Africa markets are on the decline in Africa.
Source : Bajaj Auto