Bajaj Auto leveraged on exports in May 2020!

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 –

Segment May-20 May-19 Change %
2-WHEELERS
DOMESTIC 39,286 2,05,721 -81%
EXPORTS 73,512 1,59,347 -54%
SUB-TOTAL 1,12,798 3,65,068 -69%
COMMERCIAL VEHICLES
DOMESTIC 788 30,103 -97%
EXPORTS 13,542 24,064 -44%
SUB-TOTAL 14,330 54,167 -74%
TOTAL (2-WH + CV)
DOMESTIC 40,074 2,35,824 -83%
EXPORTS 87,054 1,83,411 -53%
TOTAL 1,27,128 4,19,235 -70%

 

 

  • 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

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