The Hindu : Hero Honda's first half sales up

Online edition of India's National Newspaper
Thursday, Oct 02, 2003

Business

Business

Hero Honda's first half sales up

NEW DELHI OCT. 1. Hero Honda Motors today said that its motorcycle sales have jumped 17.6 per cent in September to 1.57 lakh units, which it plans to increase to over two lakh units this month.

Sales during April-September grew by 9 per cent to 9.05 lakh units against 8.29 lakh units a year ago, a company release said.

The company said it was `very bullish' about sales in the forthcoming festival season, following good response to the newly-launched Passion Plus, a variant of the executive segment motorcycle Passion.

Sales in September were higher by 8.1 per cent as compared to 1.45 lakh motorcycles sold in August.

Bajaj Auto

Bajaj Auto has posted a 38 per cent rise in motorcycle sales at 95,680 units in September as compared to 69,359 units sold in the same period in the previous year.

Two and three wheeler sales were higher by 18.2 per cent at 1.42 lakh units (1.20 lakh units) during September, a company release said.

The company has recorded a 16.5 per cent rise in two wheeler sales at 1.21 lakh units (1.03 lakh units) while that of three wheelers rose by 28.7 per cent at 20,951 units (16,276 units), it said.

The market response for GC 1000, the company's latest pay-load goods carrier, has been positive and the company sold 1,597 units of this model in September, it said adding the production of pay-load carrier is now being hiked to 2,000 units a month.

Exports of two and three wheelers stood at 12,495 units (6,542 units), registering a 91 per cent increase in September, including 6,700 motorcycles and 5,450 three wheelers, the company said.

In the motorcycle segment, Bajaj Pulsar recorded sales of 27,426 units (14,989 units) while Bajaj Caliber 115cc and Bajaj Wind 125cc notched sales of 32,440 units (11,753 units).

In July-September, Bajaj Auto recorded sales of 3.80 lakh two and three wheelers against 3.48 lakh units in the corresponding period in the previous year.

Exports during the reporting quarter grew by 64 per cent to 35,516 units (21,659 units).

TVS Motor

Two-wheeler sales of TVS Motor Company have increased by 3 per cent in September to 1.05 lakh units from 1.03 lakh units in the year ago period. Of this, motorcycles accounted for 64,958 units, the company said in a release.

Motorcycle sales during April-September stood higher by 5 per cent at 3.63 lakh units.

Sales of scooters (below 100cc category) grew by 41 per cent to 18,201 units following increased demand for the recently-launched Scooty Pep. Moped sales also went up by 4 per cent to 22,830 units during the month under review. — PTI

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