Wednesday, January 5, 2011

Hero Honda registers 33 per cent growth in December

The country's largest two-wheeler maker Hero Honda has reported a 33 per cent growth in sales at 501,111 units for December 2010 over the same month in the previous year.

The reports have mentioned that the company said it has recorded a sales growth of 16.4 per cent during the calendar year 2010 with cumulative sales of over 5 million units. "2010 has been an outstanding year for Hero Honda. For the coming year, we further intend to solidify our leadership by launching new products combined with customer-focused marketing programs," Hero Honda Motors Sr. VP (Marketing & Sales) Anil Dua said, the reports have mentioned.

The company said during the October-December quarter of 2010, the company has sold 1,428,030 units, registering a 29 per cent growth over the same period in 2009.

The company was recently in news after the Munjals of the Delhi based Hero group had announced that the joint venture of 26 years will come to an end with Honda and they will buy Honda’s stake in the world’s largest two-wheeler selling company.

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