Hero Motocorp reports robust sales of 504181 units in Feb 2014

Hero Motocorp is constantly creating benchmarks in the two wheeler market with their most preferring product portfolio in the Indian as well as global markets.

Hero Motocorp Ltd (HMCL), the world’s largest two wheeler manufacturer has announced the sales figure for the month of February. Hero Motocorp is constantly creating benchmarks in the two wheeler market with their most preferring product portfolio in the Indian as well as global markets.

Hero Motocorp has sold 504,181 units of two wheeler in the month of February 2014 whereas, year ago in the same month the sales stood at 5, 01,271 units.

Mr. Anil Dua, Sr. Vice President (Marketing & Sales), HMCL, said “We have been consistently selling over five lakh units every month, and this is clearly indicative of the inherent market demand that exists for our products. There has been an excise duty cut in the month of February and we have passed on the benefit to our customers. We are hopeful that this price cut will give a fillip to the industry and further boost demand of our products. The recent Auto Expo – where we showcased over a dozen new products and concepts – also seems to have strengthened the market sentiment.

“We plan to create further excitement in the market with as many as four models - the newer versions of Pleasure, Xtreme, Karizma and ZMR – ready to roll out later this month,” he added.