PUNE: Bajaj Auto sold 5,38,443 vehicles in September 2026, 5% more than the 5,10,504 it sold a year earlier, according to the company's monthly sales release dated 1 October. The headline number hides a sharp split. Exports climbed 32% to 2,43,987 units, while sales inside India slipped 9% to 2,94,456 units.
The domestic dip came almost entirely from two-wheelers. Bajaj sold 2,39,771 motorcycles and scooters in India last month, down 12% from 2,73,188 in September 2025. Two-wheeler exports, on the other hand, rose 34% to 2,11,723 units, so total two-wheeler volume still grew 5% to 4,51,494.
Exports now nearly match the home market
The more striking figure is how close the two halves of the business have come. In September, overseas shipments made up about 45% of everything Bajaj sold. For the April to September half, exports actually crossed domestic sales, at 15,10,701 units against 14,76,434.
That half-year export number is up 47% on the 10,29,756 units Bajaj shipped abroad in the same period of 2025. Two-wheeler exports alone rose 47% to 13,12,550. The company does not break down the numbers by country in this release, so it is not possible to say which markets drove the jump.
At home, the first half still looks healthy even after the September dip. Domestic two-wheeler sales for April to September stood at 11,93,963 units, 6% higher than 11,25,920 a year ago. Total company volume for the six months rose 24% to 29,87,135 units.
Commercial vehicles keep growing
Bajaj's commercial vehicle business, which is largely its three-wheeler range, had a steadier month. Domestic CV sales rose 5% to 54,685 units, and CV exports went up 17% to 32,264. Total CV volume was 86,949, up 9% from 79,651.
Over the half-year, domestic CV sales grew 13% to 2,82,471 units and CV exports rose 44% to 1,98,151. Combined CV volume for April to September reached 4,80,622, up 24%.
What the September dip means for buyers
A 12% fall in domestic two-wheeler dispatches in the month just before the main festive stretch is unusual. Monthly numbers in this release are company sales, which means dispatches to dealers, not registrations at RTOs. A lower September figure can reflect how a company plans dealer stock ahead of Navratri and Diwali as much as it reflects showroom demand. Bajaj's release does not give a reason for the drop.
For a buyer walking into a Bajaj showroom this month, the practical point is simple. Stock levels and waiting periods can differ from one dealer to the next, so it is worth checking availability of the exact variant and colour before paying a booking amount. Ex-showroom prices are listed on the company website, and the on-road figure will be higher once registration, insurance and local charges are added.
The September numbers also sit against a mixed picture across the industry. TVS Motor reported 6.73 lakh units for September, with strong electric two-wheeler growth, while Maruti Suzuki's passenger vehicle sales in India rose sharply on the car side.
The product side
Bajaj's range runs from commuter motorcycles to the Pulsar line and its electric Chetak scooters, along with three-wheelers under the CV business. The monthly release does not break down volumes by model or by fuel type, so it does not show how much of the domestic number came from electric scooters versus petrol motorcycles.
The flagship of the Pulsar family recently got an update to its instrument console, which we covered in our story on the Pulsar NS400Z's new 5-inch TFT display.
Numbers at a glance
September 2026 total: 5,38,443 units, up 5%. Domestic total: 2,94,456, down 9%. Exports: 2,43,987, up 32%. Two-wheelers: 4,51,494, up 5%. Commercial vehicles: 86,949, up 9%.
April to September 2026 total: 29,87,135 units, up 24%. Domestic: 14,76,434, up 7%. Exports: 15,10,701, up 47%.
All figures are from Bajaj Auto's official September 2026 sales release. The October numbers, which will cover most of the festive buying period, are due in the first days of November.
