Thursday, April 1, 2010

Hero Honda sales shoot up to 17 per cent in March

STAFF WRITER 18:5 HRS IST

New Delhi, Apr 1 (PTI) The country's largest two-wheeler maker, Hero Honda, today reported 17.35 per cent rise in sales at 4,14,638 units last month, the best-ever figure reported by the company for the month of March.

The company had sold 3,53,342 units during March last year, Hero Honda Motors Ltd (HHML) said in a statement.

HHML registered a cumulative sales of 46,00,130 units during 2009-10, against 37,22,000 units in the previous fiscal, up 23.59 per cent, it added.

The company had in February surpassed the target of selling four million units during the fiscal.

"FY'10 was another remarkable year for Hero Honda. With sales of over 4.6 million units, Hero Honda has not only handsomely crossed the target sales for the year but also created a new sales record," HHML Managing Director and CEO Pawan Munjal said.

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