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Automakers report sharp fall in wholesale in May due to second wave of covid-19

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NEW DELHI : Bajaj Auto Ltd, the country’s second largest motorcycle manufacturer, on Tuesday reported domestic wholesale dispatches of just 60,342 units in May as production activity at factories were hampered by the explosive rise in cases of covid-19.

The Pune-based automaker sold 126,570 units in April.With demand in the domestic market remaining subdued due to the local lockdown in almost all states, Bajaj Auto continued with production to meet its export orders and shipped 180,212 motorcycles, which is 18.6% lower than 221,603 units exported in April.Manufacturing and sale of automobiles came under pressure from the first week of April when Maharashtra announced strict lockdown measures.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
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India
India
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Brazil
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Recovered: 0
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
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Deaths: 237 619
Recovered: 0
Detail statistic
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