Monday, 28 May 2012

Hero Honda December 2010 sales up 33%


Hero Honda Motors Ltd, continued its dominance of two-wheeler market by recording sales of 501,111 units in the month of December’10, a surge of 33% over the corresponding month in '09. The year 2010 also marked the best ever calendar year for the company with cumulative sales of over 5 million units, a growth of 16.4% over the calendar year 2009.

During the year, the company also witnessed 5 lakh plus monthly sales in October and December and also recorded 4 lakh plus monthly sales for eight consecutive months. The Q3 of FY’11 also marked the most successful quarter for Hero Honda, with sales of 14,28,030 units, up by 29% over the corresponding quarter in FY’10, when the company had sold 11,11,372 units.

Anil Dua, senoir VP (Marketing & Sales), Hero Honda Motors, said, “2010 has been an outstanding year for 
Hero Honda. The year 2010 not only witnessed sales of over 5 million units but the company also consistently raised the bar and created new records. A double digit growth rate despite the large base of previous year is the reflection of confidence and trust that our customers and business partners repose in us. For the coming year, we further intend to solidify our leadership by launching new products combined with customer-focused marketing programs.”

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