Hero Honda’s March sales up 24 percent

Two-wheeler major Hero Honda Motors Ltd Friday reported a 24 percent rise in its sales for March – its highest-ever – at 515,852 units as compared to 414,638 in the same period last year.

“Hero Honda capped 515,852 units in March ‘11 – its highest-ever month sales. This is a growth of more than 24 percent in over the corresponding month in 2010 when the company had sold 414,638 units,” said the company in a statement.

It also reported an increase of 17 percent in its sales for fiscal 2010-11 with sales reaching 5,402,444 units as against 4,600,130 units in the previous fiscal.

During the fiscal 2010-11, the company launched seven new models across segments, comprising new models of Glamour, Glamour FI, Super Splendor, Hunk, Splendor Pro, Passion Pro Commonwealth Games limited edition and the new Karizma.

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