Business IdeasHero Honda sales jump 32% in Nov
The country"s biggest two-wheeler maker Hero Honda Motors Ltd today reported 32 per cent jump in November sales at 3,81,378 units as against 2,89,426 units in the same month last year.
- Cement industry posts good sales growth in Nov - India Yamaha Motor sales up 2.12% in Nov - Suzuki Motorcycle India sales jumps 48% in Nov - RIL stops gas by-product sales to Iran - TVS two-wheeler sales up 23% - Hyundai November sales up 28%">Hyundai November sales up 28%
"This is the 11th consecutive month that we have registered sales of over three lakh units. We hope to maintain the momentum in the coming months too," Hero Honda Motors Ltd Senior VP (Marketing & Sales) Anil Dua said.
In November, the company crossed the three-million sales mark, he said, adding, "we will be crossing our original indication of four million-units mark much earlier than the close of this fiscal".
The company’s cumulative sales in the financial year so far (April-November, 2009) have risen to 30,37,556 units, a 21 per cent growth over 25,08,214 units in the corresponding period last year.
Dua said the growth has been driven by models across all segments. While the 100 cc segment grew over 20 per cent, the 150 cc and above segment witnessed 30 per cent growth and scooters grew around 40 per cent, he said.
The company has, however, not shared the sales break up of each segment.
"In terms of market also, there has been equal growth from both rural and urban ones," he said, adding, while the premium segment got very good response in cities, the entry level bikes were doing well in rural areas.