Bajaj Auto has reported a 34% decline in two-wheeler sales in January at 110,363 units against 167,592 units in the same month last year.

Three-wheeler sales during the month stood at 21,985 units against 24,601 units in the year-ago month, the company said in a statement. Exports during the month, however, grew by 24% at 54,027 units against 43,533 units. The company said that it is targeting to sell around 20,000 units of its latest model XCD 135 DTS-Si, in the next month.