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This is an archive article published on December 2, 2003

It’s sweet Nov for auto sector

Bajaj Auto: Aided by growth in executive and premium segments, Bajaj Auto Ltd (BAL) has clocked a 17.4 per cent rise in motorcycles sales at...

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Bajaj Auto: Aided by growth in executive and premium segments, Bajaj Auto Ltd (BAL) has clocked a 17.4 per cent rise in motorcycles sales at 91,257 units in November over 77,732 units sold in same period last year. In the executive segment, the Caliber 115 and Wind 125 together accounted for 21,855 units, up by 77 per cent compared to last year November sales of 12,319 units while in the premium segment the Pulsar Twins recorded a 45 per cent rise in sales to 26,572 units over last year November’s 18,327 units, the company release stated. The total two wheeler sales stood at 1,13,164 units compared to 1,12,874 units in November 2002.

HERO HONDA: Hero Honda Motors Ltd, has registered 26 per cent growth in sales during November by selling 2,04,533 motorcycles. The company crossed two lakh figure for the second month in a row. According to a company release, the Splendor and the Passion Plus duo have together consolidated the company’s leadership in the executive segment. Also, CD-Dawn is now the highest selling model in the country after Splendor.

TVS Motors: TVS Motor Company reported a 30 per cent decline in motorcycle sales during November 2003 at 48,052 units compared to 68,631 units recorded in the same month last year. The company expects the declining trend to continue in December. “The growth last month (November) was lower than the market due to drop in sales of the two-stroke max motorcycles,” a company statement said. Total two wheeler sales showed a negative trend with a 13 per cent decline, recording sales of 85,840 units last month as compared to 98,731 units sold last year during the same period, it said.

 
Maruti sales up 42 per cent
   

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