Monday, April 2, 2007

Bajaj bike sales up 24% in FY07

Bajaj Auto saw a robust motorcycle growth at 24% in FY07, on the back of strong pull for its lead brand Bajaj Pulsar. The Pulsar range saw a full up-grade, introduction of the 200 cc and introduction of 220 cc DTSFi top end model. The motorcycle market share for the company improved from 30.8% in FY06 to 33.5% in FY07.

The Bajaj Discover range continued to gain value segment customers and the Bajaj Platina introduced in April ’06 did brisk business, closing its first year with 739,952 units.

For the year as a whole, 100 cc bikes contributed 52% of motorcycle sales.

At 321,778 units, the 3 wheelers recorded a healthy growth of 28%. The company also successfully test marketed its 2-stroke digital direct injection (DDI) 3 wheeler in Pune.

With 76% jump in export volumes, Bajaj continues to be India’s top exporter of two wheelers and three wheelers, with 298,000 units of two-wheelers exported, 140,000 units of 3 wheeler exports and record export turnover of over Rs 1,690 crore clocked during FY07. Bajaj bikes garnered leadership position in Srilanka, Bangladesh and Colombia.
courtesy:moneycontrol.com

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