Saturday, December 1, 2012

Hero MotoCorp cross one million sales mark

Reuters

But if one were to look to November alone, the company fell to 502,305 units against 536,772 units shipments in the same month last year.

Senior Vice president (Marketing & Sales) Anil Dua said in a statement that
This year, the dispatch of November is lower than last year because of the holiday as a result of Diwali, while there is no such holidays in November 2011, the festive period is in October last year. But the beauty brand only saw shipments of 2 lakh units in November. World's largest selling bicycle generating splendor and earlier this year, the shipments were severely limited by the company manage stock.

Dua said the company hopes the sale of the record more than 5 lakh two-wheelers every month.

Not only hero, festivities in November have also helped Tvs Motor Company, who saw the retail sales grow on 19 percent year-on-year to 185,000 two-wheelers. The company said robust retail sales have led to a significant reduction of the stocks at the level of the dealer.

During the month of November 2012, total sales of the company amounted to 171,837 units against 175,535 units registered in November 2011.

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