Strong Q2 sales help Bajaj Auto buffer two-wheeler export decline in H1 FY2023
Sustained demand for Pulsar series along with new N160 sees Q2 volumes being nearly twice of Q1; macro-economic challenges in select overseas markets impact exports.
Bajaj Auto’s two-wheeler sales have registered a strong domestic market performance in the second quarter of FY2023. Q2 numbers at 621,134 units were nearly double (97%) that of Q1 FY2023: 314,428 units. Cumulative sales for the first-half of FY2023 (April-September 2022) are 935,552 units, up 13% year on year.
With sustained demand for the popular Pulsar series of motorcycles as well as customer interest picking up for the recently launched N160 and its sportsbike portfolio, overall motorcycle sales were 919,494 units, up 11% YoY (H1 FY2022: 827,971), giving the company a motorcycle market share of 17% of total ...
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