Bajaj bike sales up 7% in January
The company further said that it has unnecessarily been caught in this situation of cancelled licenses, just because the licenses were granted in January, 2008 which was as late as 18 months from the date of application.
The country's second largest two-wheeler maker Bajaj Auto today reported 6.83 per cent increase in its motorcycle sales in January at 2,94,439 units, the highest ever for the month.
The company had sold 2,75,622 units in the corresponding month last year, Bajaj Auto Ltd (BAL) said in a statement.
BAL said exports grew 13.01 per cent during the month at 1,16,996 units compared to 1,03,526 units in January 2011.
In the three-wheeler category, company said its sales stood at 43,436 units as against 37,961 units in the same month last year, registering a jump of 14.42 per cent.
Total vehicle sales of the company in the last month stood at 3,37,875 units compared to 3,13,583 units in the same period a year ago, a growth of 7.75 per cent, the statement said.