MUMBAI (NewsRise) -- India's Bajaj Auto reported a 22% slump in domestic two-wheeler sales for January and warned of more pain to come, as a shift to less-polluting but more expensive models weighs on demand.
The company's January sales of two-wheelers in India plunged to 157,796 units from 203,358 units a year ago, it said in a statement Tuesday. Total two-wheeler exports, however, surged 19%. That tempered the overall sales decline in the segment to 5%.
