Bajaj sales down 8.1 percent in May

Bajaj Auto, the country's second largest two-wheeler manufacturer, has reported 8.1 per cent fall in its motorcycle sales last month.

The company said in a statement Thursday that it sold 165,049 motorcycles last month as against 179,649 vehicles in May 2008.

Cumulative sales, including exports and three wheelers, stood at 185,341 units, 8.02 percent down from 201,511 units sold in May 2008.

Exports last month declined 2.5 percent to 58,682 units from 60,215 exported in the corresponding month last year.

'Exports have almost normalised after a dip in January-March 2009 and are expected to gradually exhibit positive year-on-year growth,' the statement said.

Overall sales during the first two months of the current fiscal declined 16.2 percent to 354,460 units, comparing to 423,354 units sold in April-May 2008.