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Explore the impressive growth in registered sales of Bajaj Two Wheelers in January 2024.
Key Highlights:
Bajaj Auto's two-wheeler segment demonstrated remarkable growth in January 2024, with domestic sales surging by an impressive 36% year-on-year (YoY), reaching 1,93,350 units compared to 1,42,368 units in January 2023. Additionally, there was significant month-on-month (MoM) growth of 22.08% compared to December 2023. However, the export segment experienced a decline of 7.8% YoY.
Bajaj 2W | Jan-24 | Dec-23 | Growth% |
Domestic | 1,93,350 | 1,58,370 | 22.08 |
Export | 1,14,898 | 1,24,631 | -7.8 |
Total | 3,08,248 | 2,83,001 | 8.92 |
Two-Wheeler Segment
Export Segment
Combined Performance
Bajaj 2W | Jan-24 | Jan-23 | Growth% |
Domestic | 1,93,350 | 1,42,368 | 36 |
Export | 1,14,898 | 1,00,679 | 14 |
Total | 3,08,248 | 2,43,047 | 27 |
Commercial Vehicles | Jan-24 | Jan-23 | Growth% |
Domestic | 36,693 | 32,842 | 12 |
Export | 11,069 | 12,046 | -8 |
Total | 47,762 | 44,888 | 6 |
Total (2W+CV) | Jan-24 | Jan-23 | Growth% |
Domestic | 2,30,043 | 1,75,210 | 31 |
Export | 1,25,967 | 1,12,725 | 12 |
Total | 3,56,010 | 2,87,935 | 24 |
Two Wheeler Segment
Commercial Vehicle Segment
Combined Performance
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Bajaj 2W | Apr-Jan 2024 | Apr-Jan 2023 | Growth% |
Domestic | 18,97,054 | 15,33,261 | 24 |
Export | 12,22,300 | 14,27,220 | 14 |
Total | 31,19,354 | 29,60,481 | 5 |
Commercial Vehicles | Apr-Jan 2024 | Apr-Jan 2023 | Growth% |
Domestic | 3,90,382 | 2,33,543 | 67 |
Export | 1,28,631 | 1,62,040 | -21 |
Total | 5,19,013 | 3,95,583 | 31 |
Total (2W+CV) | Apr-Jan 2024 | Apr-Jan 2023 | Growth% |
Domestic | 22,87,436 | 17,66,804 | 29 |
Export | 13,50,931 | 15,89,260 | -15 |
Total | 3,638,367 | 3,356,064 | 8 |
Two-Wheeler Segment
Commercial Vehicle Segment
Total Sales Performance
Overall, Bajaj Auto's total sales for January 2024 depicted a healthy 8.92% increase compared to December 2023. The company's performance underscores its strength in the domestic market, particularly in the two-wheeler segment. Despite export challenges, Bajaj Auto continues to demonstrate resilience and adaptability, positioning itself for sustained growth in the future.
Also Read: TVS Sales in January 2024 Records 12.46% MoM & 23.41% YoY Growth
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