Keeping up the momentum set from the beginning of this fiscal, Hero Honda Motors Ltd (HHML), the world's largest two-wheeler manufacturer today reported yet another month of bumper sales.
The company's sales for the month of November 2010 stood at 421,366 units - a record seventh consecutive month of four-lakh plus sales. This is a growth of 10.5 per cent over the corresponding month in the previous year when Hero Honda had sold 381,378 units.
Hero Honda has been constantly building on its leadership position in the domestic motorcycle market in the country and continues to demonstrate a healthy upward trend even on a large customer base.
The company's cumulative sales in the financial year so far (April-November'10) has now risen to 34,46,602 units, a 13.46 per cent growth over the corresponding period last year (April-November'09) when Hero Honda had sold 30,37,756 units.
Commenting on the sales, Mr. Anil Dua, Sr. Vice-President (Marketing & Sales), Hero Honda Motors Ltd said, "The four-lakh plus sales consistently recorded over the past seven months has imparted an excellent momentum to our sales for the rest of the year. It has been an all-round contribution from all the segments towards our growth - entry, deluxe as well as premium and also from the scooter segment. With unrelenting market demand for our products, we anticipate maintaining this buoyancy going forward."
The month of November also saw the hosting of Hero Honda Women's Indian Open 2010, thereby marking the company's foray into women's golf in the country. The Hero Honda Women's Indian Open - tri-sanctioned by the Ladies European Tour, the Ladies Asian Golf Tour (LAGT) and Women's Golf Association of India (WGAI) - carried a prize purse of US $ 300,000, the highest ever for women's professional golf in India.
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