13 July 2011

Auto –June 2011 volume update ::Emkay

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Auto –June 2011 volume update
Bajaj Auto Ltd: - Strong exports, 3 wheelers driving growth
n    Total sales increased by 16% YoY and 2% MoM to 366,657 units
n    Motorcycle sales increased by 14% YoY, 1.5% MoM to 322,827 units
n    Three wheelers increased by 34% YoY to 43,830 units (7% MoM)
n    Domestic momentum sustained at 11.5% YoY to 224,533 units
n    Exports was up 25% YoY and 12% MoM to 142,124 units
Ashok Leyland Ltd (ALL)
n    Total sales declined by 4.6% YoY to 8,009 units
n    Total MHCV sales declined by 4% YoY to 7,942 units
n    Total exports sales increased by 31.5% YoY to 1,185 units.

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