Bajaj Auto Records 30% Year-on-Year Domestic 2W Sales Growth in August
Bajaj Auto sold 3.35 lakh 2Ws overall in August 2024, marking a YoY increase of 18%. Of this total, 1.27 lakh units were sold abroad and 2.08 lakh units locally.
By Sanorita
Bajaj Auto sold 3.35 lakh 2Ws overall in August of this year, representing a year-on-year growth of 18% from 2.85 lakh units sold the previous year. Of the total, 1.27 lakh units were sold abroad and 2.08 lakh units locally, indicating a 2% and 30% increase, respectively. Talking about the commercial segment, the company supplied 45,206 units in the domestic market, showing a marginal growth of 2% from 44,280 units sold the previous year. It sold 17,420 units overseas, registering a 41% year-on-year increase. Compared to the previous year's sales of 56,617 units, Bajaj sold 62,626 CVs in total, which is an 11% gain.
When two-wheeler and CV sales are combined, the company delivered 2.54 lakh units in the home market and 1.44 lakh units abroad, marking a YoY rise of 24% and 5%, respectively. In total, Bajaj sold 3.98 lakh 2Ws and CVs last month, registering a 16% year-on-year increase. Let's have a look at other developments from Bajaj.
Bajaj Freedom 125 CNG Sales Milestone
The Bajaj Freedom 125 has sold over 5,000 units in India within two months of its launch. In August, 4,109 units were sold, while the last 637 sold in the first four days of September. When the bike first went on sale in July, it sold 272 units. The success can be attributed to the expansion of Freedom 125's sales network into 77 Indian towns and cities, including Delhi and Kerala. For those unaware, the bike was initially available in Maharashtra and Gujarat. Mechanically, the Bajaj Freedom 125 has a 125cc, air-cooled, single-cylinder engine, which can run on the CNG or the petrol model at the flip of a switch.
Upcoming Launches
The Bajaj Pulsar N125 is expected to go on sale in our market soon, with a completely redesigned 125cc engine. According to the previous spy images, the bike will have an easy-to-access tubular handlebar, a split seat, a muscular fuel tank with shrouds, a single-piece grab rail, rear-set footpegs, and an underbelly exhaust system.
Also Read: Bajaj Auto Could Launch Two New 400cc Triumph Bikes Before Festive Season
Although Bajaj hasn't announced anything, the new Bajaj Pulsar N125 is likely to be available in our market by October of this year, with an estimated ex-showroom price of Rs 1 lakh. In terms of features, Bajaj's commuter will probably include a negatively-lit LCD instrument console with Bluetooth connectivity, and a tyre hugger resembling that of the N150.
