Homegrown automaker Bajaj Auto reported a 16% YoY growth in total vehicular sales for December 2023, selling 3,26,806 units.
2
Domestic sales surge
The company saw a 28% YoY increase in domestic sales, reaching 1,90,919 units, while total exports grew by 2% YoY to 1,35,887 units.
3
Two-wheeler market boost
In the two-wheeler market, Bajaj Auto's total wholesales hit 2,83,001 units in December 2023. This marks a 15% increase from the previous year's 2,47,052 units.
4
Commercial vehicle spike
The commercial vehicle segment also saw significant growth.
The sales soared by 27% to 43,805 units in December 2023 compared to 34,462 units in December 2022.
5
Impressive 2023 performance
Overall, Bajaj Auto's total sales for 2023 increased by 7%, with its share price surging over 33% in the last three months.