New Delhi: Bajaj Auto and Hero Motor Corp today reported a 13 percent decline in total sales in November. Bajaj Auto sales declined at 2,69,948 units as against 3,09,673 units in the same month last year.
Motorcycle sales during the month fell by 12 per cent to 2,37,757 units as against 2,70,886 units in November last year, the company said in a BSE filing. Bajaj Auto's commercial vehicles sales stood at 32,191 units during the month compared with 38,787 units in the year-ago period, down 17 per cent.
Exports in November this year stood at 1,15,425 units as against 1,37,315 units in the same month last year, down 16 per cent.
Meanwhile Country's largest two-wheelermaker Hero MotoCorp today reported fall in sales at 4,79,856 units in November. The company sold 5,50,731 units in November 2015, Hero MotoCorp said in a BSE filing.
The company said it saw a drop in retail sales after the demonetisation initiative when the entire industry witnessed decline in sales. "With a slew of measures being implemented by the government and several initiatives immediately undertaken by Hero MotoCorp to support its dealers and consumers, the company expects the situation to steadily improve," it added.
