Tuesday, December 16, 2008

Bajaj Motorcycles Sales Down

Bajaj logo 2

Bajaj auto India's second largest two-wheeler maker reported a drop in its sales for the second consecutive month .The sales for the October month stood at 1,63,850 units, against 2,48,307 units in the same month last year a 34.01 per cent fall.Bajaj reported a 37 per cent decline in motorcycle sales during November at 131,681 units against 209,876 units last year.This drop in sales is a result of the economic slow down.

Bajaj as a step to counter the slowdown is all set release 6 new models from January 2009 . A new model will be launched every month. And also the finance wing of Bajaj ,Bajaj Auto Finance has introduced a retail finance scheme with low interest rates of 7.99 per cent across almost 300 Bajaj dealers all over the country to revive sales in the short term.




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