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India's Bajaj Auto bike sales surge 85% yoy in May

BOMBAY, June 3 (Reuters) - India's second-largest two-wheeler maker Bajaj Auto Ltd said at the weekend sales rose 19.3 percent by volume in May over the same month last year, powered by an 85.5 percent surge in motorcycle sales.

The Pune-based firm, which makes scooters, motorcycles and three-wheel motorised rickshaws and goods carriers, said on its website it sold 134,830 vehicles, up from 112,975 in May last year.

It sold 80,274 motorcycles, nearly double the 43,282 sold a year earlier.

But scooter sales, reflecting a changing consumer preference for motorcycles, fell 30.2 percent to 40,227.

Bajaj Auto expects motorcycle sales to rise 37 percent to 900,000 machines in the current year to March 2003.