Export woes hit Bajaj Auto sales in February by 11%

According to Bajaj Auto, its wholesales for February declined by 11 percent year-on-year to 2,80,226 units.

A total of 3,16,020 units had been delivered to the Pune-based company's dealers in February 2022. In a regulatory filing, the company said its total domestic sales increased by 36 per cent to 1,53,291 units last month, as compared with 1,12,747 units in the year-ago period.

Despite the decline, exports reached 1,26,935 units last month, down 38 percent from 2,03,273 units in February 2022. Two-wheeler wholesales in the domestic market rose 25 per cent to 1,20,335 units, as compared to 96,523 units in the year-ago period.

Two-wheeler exports, however, dipped 37 per cent to 1,15,021 units, from 1,82,814 units in February last year.

Total two-wheeler dispatches in the domestic market declined by 16 per cent to 2,35,356 units last month, as compared to 2,79,337 units in the year-ago period.

Compared to February last year, wholesales of commercial vehicles rose 22 percent to 44,870 units.