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    HMSI Witnesses 45 percent Jump in May Domestic sales while Bajaj Auto Sales Stays Flat

    HMSI Witnesses 45% Jump in May Domestic sales while Bajaj Auto Sales Stays Flat at 355,000


    Finance Outlook India Team | Monday, 03 June 2024

    In the month of May, Honda Motorcycle and Scooter India reported a 45 percent year-on-year jump in domestic wholesales. The sales reached a staggering 4,50,589 units.

    Furthermore, the company had dispatched 3,11,144 units to its dealers in the month of May last year (2023).

    Honda Motorcycle & Scooter India (HMSI) said in a statement that exports increased to 41,458 units last month from 18,249 units in May 2023,

    Also, as against 3,29,393 units in the same month last year, the total sales rose to 4,92,047 units last month.

    Bajaj Auto Sales

    Bajaj Auto said its total sales remained flat at 3,55,323 units in May, wherein, the Pune-based auto manufacturer sold 355,148 vehicles in May 2023. The company disclosed this in a regulatory filing. Total domestic sales, which includes commercial vehicles, declined 1 percent to 225,087 units last month if we compare it to 228,401 units sold in May 2023.

    From 1,26,747 vehicles shipped out to overseas markets in the year-ago period, the total exports during the month under review rose 3 per cent at 1,30,236 units in May.



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