Bajaj Commercial Vehicles Report A 16% YoY Sales Growth In December 2024
Published On Jan 14, 2025 06:13 PM
Bajaj Auto published its December 2024 commercial vehicle sales figures, showing 16,867 units exported and 34,085 units sold domestically. Read more.
Key Highlights
- In India, Bajaj Auto sold 34,085 commercial vehicles in December 2024, up 5% YoY from 32,549 units in December 2023.
- Regarding the trend of export sales, the company delivered 16,867 units in December 2024 compared to 11,256 units in December 2023, meaning that CV sales increased by 50% YoY.
- The brand sold 3,67,284 commercial vehicles between April and December 2024, increasing 4% YoY from 3,53,689 units sold during the same period in 2023.
One of the biggest manufacturers of commercial vehicles in India, Bajaj Auto, has revealed its December 2024 monthly sales numbers. The domestic and export markets’ sales figures are highlighted in this Bajaj commercial vehicle (CV) sales report. Similarly, the company has made available its April-December 2024 sales data. The company had an increase in CV sales in both domestic and international markets between April and December 2024. Let's examine Bajaj's monthly sales data in both markets.
Also Read: Bajaj Commercial Vehicle Sales In November 2024: A Sales Drop Of 0.72% YoY
Bajaj Three-Wheeler Sales In December 2024
Bajaj Auto had a 5% YoY sales growth in commercial vehicles in December 2024 in India, selling 34,085 units as opposed to 32,549 units in December 2023. In terms of the export sales trend, the company delivered 16,867 units in December 2024 as opposed to 11,256 units in the same month the previous year, indicating a 50% YoY rise in CV sales.
After selling 50,952 commercial vehicles in December 2024 compared to 43,805 in December 2023, the brand saw a 16% YoY growth in sales overall. The company had a 1% decline in sales in December 2024 while taking into account sales of two-wheelers and 3-wheelers in both Indian and foreign markets.
Bajaj Auto CV Sales In April-December 2024
Between April and December 2024, the brand sold 3,67,284 commercial vehicles, up 4% YoY from 3,53,689 units during the same time the previous year. The company saw a notable 21% YoY increase in export sales from April to December 2024, exporting 1,42,002 commercial vehicles as opposed to 1,17,562 units from April to December 2023.
Taking into account the sales figures of commercial vehicles in both domestic and foreign markets, Bajaj Auto saw an 8% YoY increase in sales from April to December 2024, selling 5,09,286 units, as opposed to 4,71,251 units during the same period in 2023.
In A Nutshell
Compared to the 3,26,806 units sold in December 2024, Bajaj Auto had a sales volume of 3,23,125 units, representing a 1% decrease in sales. The company's entire sales from April to December 2024 were 35,48,032 units, an 8% increase over the 32,82,357 units sold during the same period in 2023.
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