Bajaj Auto’s two-wheeler home gross sales down 23% in November, 144,953 models offered
- All Type News
- on Dec 01, 2021
The present chip disaster has delayed manufacturing and gross sales of Bajaj Auto.
Bajaj Auto, one of many main Indian two wheeler producers, offered 144,953 bikes and scooters within the Indian market in November 2021. The corporate’s home gross sales declined by 23 p.c final month as in comparison with the identical month final month. It retailed 188,196 models.
(Additionally Learn: Bajaj Auto’s New Electrical Scooter Noticed With Chetak)
Bajaj Auto’s two-wheeler exports additionally declined by two per cent to 193,520 models final month from 196,797 models registered in November 2020. The home two-wheeler maker’s general two-wheeler gross sales declined by 12 per cent to 338,473 models final month. In November 2020, Bajaj Auto offered 384,993 two-wheelers within the home and abroad markets mixed.
On a sequential foundation, Bajaj Auto’s complete auto gross sales declined by 13.72 per cent as in comparison with 4,39,615 models offered in October 2021.
The foremost setback for the two-wheeler maker final month was provide chain points. Bajaj Auto was additionally hit exhausting by the chip disaster that has been affecting the worldwide auto trade for the previous a number of months, leading to manufacturing delays and supply delays.
The chip disaster is affecting the gross sales of not solely automobiles but additionally two-wheelers. Trendy two wheelers have a number of software program which depends on chips.
Talking in regards to the cumulative year-on-year gross sales of Bajaj two-wheelers between April-November this yr, the OEMs offered 1,174,391 models, which is 2 per cent decrease than the 1,193,002 models offered in the identical interval final yr. Nevertheless, the corporate was capable of improve its export numbers in 2021 with 1,484,605 models shipped throughout the identical interval. Bajaj Auto exported 1,026,675 two-wheelers in 2020 between April-November. It registered a formidable progress of 45 per cent this yr as in comparison with 2020.
Combining each home and abroad gross sales, Bajaj Auto offered 2,658,996 models between April and November this yr, up 20 per cent from 2,219,677 models offered throughout the identical interval final yr.
First printed date: 01 December 2021, 10:39 AM IST