Bajaj Auto’s sales disappointed in July too, as dull demand conditions and a strike at its Chakan plant appear to be hurting sales. Compared to June, its motorcycle sales have not declined by much but its CV-segment sales have fallen sharply. Domestic has done better compared to exports, over a year ago.
Note: CV stands for commercial vehicles and in Bajaj Auto’s case, refers to its three-wheeler products.
Commercial vehicle-maker Ashok Leyland’s sales fell sharply compared to last year, but have risen compared to last year. Also, in June its sales had declined by 31.3%. Compared to that figure, July seems better.
Note: CV-commercial vehicle, Dost is a small commercial vehicle whose figures are given separately by the company.