While the domestic market was reeling with lockdown in several parts of the country; Bajaj Auto’s strategy of focusing on exports worked well. Bajaj Auto’s exported over 2 times the domestic volumes in May 2020! However; the overall sales of Bajaj Auto fell 70% YoY to 1,27,128 units in May vis-a-vis 4,19,235 units in the same month last year. The segment wise sales bifurcation for Bajaj Auto is as shown –
|TOTAL (2-WH + CV)|
- Domestic two-wheelers reported dispatches of 39,286 units in May’20 vs 2,05,721 units in May’19 — 81% decline.
- Two-wheeler exports recorded 73,512 units vs 1,59,347 a year ago which was a 54% decline.
- Domestic commercial vehicles saw a dip of 97% (788 units in May’20 vs 30,103 in May’19)
- Commercial Vehicle exports registered 13,542 dispatches in May 2020 vs 24,064 in May’19; which was a 44% decline