Bajaj motorcycles lead industry growth
01 Feb 2005
This is the fourth consecutive month that Bajaj's motorcycle volume increase has been the highest in the industry.
January 2005 Sales:
| Jan 2005 | Jan 2004 | Change % | |
| Motorcycles | 132,028 | 84,500 | 56.3 |
| Total two-wheelers | 142,294 | 106,872 | 33.1 |
| Three-wheelers | 16,415 | 20,150 | -18.5 |
| Total two- and three-wheelers | 158,709 | 127,022 | 24.9 |
Sales for the year till date:
| April 2004 - Jan 2005 | April 2003 - Jan 2004 | Change % | |
| Motorcycles | 1,185,594 | 845,158 | 40.3 |
| Total two-wheelers | 1,320,311 | 1,063,039 | 24.2 |
| Three-wheelers | 184,675 | 188,895 | -2.2 |
| Total two- and three-wheelers | 1,504,986 | 1,251,934 | 20.2 |
The company plans to introduce two new motorcycles in April-June 2005, one each in the entry and premium segments. Moreover the company plans to raise capacity to 200,000 motorcycles a month by July 2005.
Its sales target for FY 2005 is 1.5 million motorcycles — a 50 per cent growth against the expected industry growth of about 20 per cent.
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