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Mumbai , Nov 1

BAJAJ Auto Ltd has recorded its highest ever motorcycle sales during October 2003 at 1,07,115 vehicles against 82,913 units sold in October of 2002. This is a 29 per cent growth year-on-year.

The company said there was growth across all segments - entry, executive and premium.

In the executive segment, the Bajaj Caliber 115 and the Bajaj Wind 125 together accounted for 30,746 units, up 137 per cent compared to the year-ago period. In the premium segment, the Bajaj Pulsar twins recorded 31,321 units, higher by 70 per year-on-year.

The executive and premium models contributed to 58 per cent of the motorcycle portfolio during October 2003 against 38 per cent last year.

During the April-October 2003 period, motorcycle sales grew by 20.6 per cent, ahead of the industry's growth of 13.2 per cent.

"The executive and premium motorcycle capacity is being expanded in anticipation of total motorcycle sales of 1,25,000 units per month from March 2004 onwards,'' Bajaj Auto said in a news release.

Total two-wheeler sales during October rose by 17.2 per cent to 1,34,949 vehicles (1,15,211 vehicles).

Three wheeler sales were flat at 20,834 vehicles (20,676 units) because of production capacity limitations.

Capacity expansion to 25,000 units per month is under way.Exports during October 2003 were 13,360 units.

During the April-October 2003 period, exports were 82,965 units, higher by 56 per cent year-on-year. Total two and three-wheeler sales rose by 14.6 per cent to 1,55,783 vehicles (1,35,887 vehicles).

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