The world's largest two-wheeler manufacturer, Hero MotoCorp Ltd (HMCL) keeps consolidating its market leadership out here with a consistent five lakh plus sales every month after having begun the calendar year 2012 with more than 5.2 lakh sales in the month of January, the company repeated the same performance in February also.
The company reported an impressive 11% growth in its sales for the month of February, which is a really notable improvement and proves its dominance in Indian two wheeler market. The company dispatched 5,23,465 units of two-wheelers in February. This is a growth of 11 per cent over February 2011, when the company had sold 4,72,055 units.
The cumulative sales of Hero MotoCorp in the period April'11-February'12, has now risen to 57,06,905 units, thereby already overtaking its total sales of 5.4 million of last fiscal (2010-11), with one full month to go. The cumulative volumes of 5.7 million this year so far is a growth of 16.8 per cent over the corresponding period last fiscal (April'10-February'11), when the company had sold 48,86,592 units.
"Our multi-pronged initiatives continue to yield results. We have been consistently clocking over five lakh units in sales. And our performance in the first two months-January and February-has maintained that trend in both dispatch and retail sales." said Mr. Anil Dua, Senior Vice-President (Marketing & Sales), Hero MotoCorp.
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