Bajaj Auto Total Sales Down 20 Per Cent In September

Bajaj Auto on Tuesday reported a 20 per cent fall in total sales at 4,02,035 units in September. The company had sold 5,02,009 units in the same month a year ago. Domestic sales in September this year stood at 2,15,501 units as against 3,11,503 units, down 31 per cent, Bajaj Auto said in a regulatory filing.

Total motorcycle sales stood at 3,36,730 units, showing a decline of 22 per cent as compared to 4,30,939 units sold in August last year. Total commercial vehicle sales were at 65,305 units as against 71,070 units in the same month last year, down 8 per cent, the company said.

Exports in September declined 2 per cent to 1,86,534 units as against 1,90,506 units exported in the corresponding month last year, it added.

Recently, Bajaj launched its new bike Pulsar 125 Neon with price starting at Rs 64,000 (ex-showroom Delhi).

The new Pulsar 125 Neon is powered by a 125cc engine and will be available in both drum and disc brake versions, Bajaj Auto said in a statement.

The drum brake version is priced at Rs 64,000 while the disc brake option is tagged at Rs 66,618 (ex-showroom Delhi), it added.

“The new Pulsar 125 Neon will open up a new segment targeting the premium commuters who have always wanted to buy a sporty motorcycle with outstanding performance, style, and thrill at an amazing price point,” Bajaj Auto President Sarang Kanade said.

The Pulsar 125 Neon has a 5-speed gearbox with a primary kick which enables the rider to start the bike in any gear by depressing the clutch, the statement added.

(With inputs from PTI)