BAJAJ MOTORCYCLE SALES GROW 24%

April ’08
Particulars April 2008 April 2007 Change % MOTORCYCLES 203,081 164,304 24 TOTAL 2 WHEELERS 203,930 165,692 23 3 WHEELERS 17,913 24,360 -26 TOTAL 2 & 3 WHEELERS 221,843 190,052 17 Exports out of the above 73,624 51,926 42
1.	Bajaj motorcycles sales grew 24% owing to the strong performance of its 125cc+ DTS-i portfolio; combined sales of Pulsar, Avenger, Discover, and XCD grew 34%.
2.	Consequently, in the 125cc+ segment which is now approximately 36% of the motorcycle industry, Bajaj continues to lead with a market share of approximately 50%.
3.	Bajaj’s immediate strategy is to introduce 4 well positioned 125cc+ motorcycles in FY09 in its endeavour to expand the 125cc+ segment to represent 50% of the industry by March’09.
4.	Lackluster market conditions continue to cause degrowth in Commercial Vehicles.
5.	Strong export growth is expected to continue this year with exports expected at over 800,000 units.

Rajiv Bajaj
MD, Bajaj Auto Ltd., Pune

Thursday, 1st May 2008