Bajaj Auto, which is the second largest two wheeler manufacturer of India, reported a not so impressive growth of 5% in the month of February, in its sales report. The company who recently bought the shares of Austrian biggie, KTM was not able to pull off a desired performance report.
Bajaj, India's second largest two-wheeler, has watched highest-ever-pitched sales this month. However, the company still reports a slowdown. As per Bajaj's words, the auto biggie was on its highest in this gone month of February. The sales took a growth by 5%. The company seems to have got high aims, since it does not feel satisfied with this growth and says that it was 'just' a 5% growth.
They rate it as a slowdown for themselves. The reports say Bajaj, who sells motorbikes, scooters, and three-wheeler autos sold 3,43,777 units in February. Sales of commercial vehicles too rose up to 4%, 41,816 units. One of the statements by the company show that the exports too had a high-jump, 20% to 1,22,727 since last year. This as a whole seems to make quite an impressive sales graph.
But the launch of new Pulsar and the stunning KTM products will surely increase their sales to a new level as the bikes are getting amazing response all over the country. The company will surely rely mainly on these to products to increase their product sales levels.
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