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Hero honda has sold 4 lakhs unit in the month of October

Monday, October,31, 2005

Hero Honda Motors Ltd. said on Monday that its motorcycle sales were up 23.02% last month at 302,000 units, representing a jump of 23.02% compared to the corresponding month last year. The company had sold 245,475 bikes in October 2004.

The world's largest motorcycle maker registered yet another precedent for the Indian two-wheeler industry in October by recording retail sales of over 4 lakh units. This is the first time any Indian two-wheeler company has clocked retail sales of 4 lakh units.

The company's sales during October is up 13.5% compared with the previous month (September), when the company had recorded sales of 266,071 units.

Hero Honda's cumulative sales for the period April-October 2005 has registered a significant growth of 17.87% over the corresponding period in the previous year. The company's cumulative sales tally has thereby increased to 1,731,992 units, a jump from 1,469,394 units in 2004.

With the recent launch of Achiever towards the end of October and the forthcoming launch of Pleasure in mid-November, the company is confident of continuing its upward movement in sales, Hero Honda said.

The company's festive promotion, which offers Rs1001 off on each of its models has met with huge success across the country, it added.


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