Bajaj Auto announces robust sales growth in December

Bajaj Auto Ltd has announced the following:

December 2006 sales;

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			December 	December 		Growth%
			  2006	  	2005
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Motorcycles 		187,063		148,263		  	26

Total 2 WHEELERS	187,179		154,925		  	21

3 wheelers 		 27,749		 18,534		  	50
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TOTAL 2 & 3 Wheelers 	214,928  	173,479		   	24
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Exports out of the above 39,385	  	18,534		   	113
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1. Owing to growth across all segments and regions, Bajaj motorcycles sold 187,000 units in December 2006, registering a 26% growth over December 2005 sales of 148,000 units.

2. This was in sharp contrast to the flat/negative sales growth registered by other major motorcycle manufacturers, thereby leading to a significant gain in market share for Bajaj motorcycles to 35.5%.

3. Expecting this trend in favour of its products to continue for some time, Bajaj is expanding motorcycle capacity to 300,000 units / month by April 2007.

4. The Bajaj Kristal DTS-i, the first product from an all new hi-tech scooter platform, will be launched in January 2007.

5. 3-Wheeler and Export sales continue to exceed expectation, and this trend appears likely to be maintained in the next quarter as well.

At 738,000 2 & 3 wheelers, Bajaj sales in October-December 2006 were the highest ever in its history.

Q3 2006-07

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			Oct-		Oct-		Change
			Dec 2006 	Dec 2005	%
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Motorcycles 	      652,406	       511,106	          28

Total 2 Wheelers      652,579	       541,126	          21

3 Wheelers              85,640	       57,572	          49
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Total 2 & 3 Wheelers  738,219       	598,698           23
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Exports out of the above115,619	        64,359	          80
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YTD 2006-07

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			April		April
		      December       December        	Growth %
			2006		2005
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Motorcycles 	      1,843,654	       1,379,206	  34

Total 2 Wheelers      1,858,641	       1,478,522	  26

3 Wheelers              237,198	       179,368	          32
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Total 2 & 3 Wheelers  2,095,839       	1,657,890         26
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Exports out of the above325,728	        176,765	          84
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Source : Equity Bulls

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