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Auto Market On Upward Trajectory, Bajaj Auto Sales Are Up By 13%

Sulabh PuriAug 4, 2014, 15:19 IST

Bajaj Auto Announced on Monday morning that they have managed to increase its sales by 13% for the month of July (YOY). This happened due to a brilliant performance in exports. Overal, Bajaj Auto sold over 3,19,292 units in July 2014 up against 2,81,327 done during the same time last year.

Exports of Bajaj two and three wheelers grew by 54%. The company sent 1,69,775 units out of the country to foreign lands in July. This has been quoted by the company as the “highest ever exports for any month”.

The commercial vehicle sales for the company also grew by 49% as the company sold 51,451 units. Almost everyone in the auto sector has been putting up great numbers recently. This will bring back consumer confidence and enable the companies to further expand businesses. As said before the festive season is around the corner and the sales should just get better from this point onwards.