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GROWTH RATE OF HERO AND YAMAHA IN JANUARY 2013

HERO MOTOCORP :

GROWTH RATE OF HERO IN JANUARY 2013

World's largest two-wheeler manufacturer Hero MotoCorp on Sunday said it has recorded highest monthly sales of 5,57,797 units in January 2013. The company sold 5,20,272 units in the same month of 2012. The previous highest sales was in May 2012, when the company had sold 5,56,644 units. Hero has registered a growth of 7.21 percent.

Hero MotoCorp Senior Vice-President (Marketing & Sales) Anil Dua said, "Our new motorcycle launches like Ignitor and Hero Passion X-Pro are receiving excellent customer response, while growth in our scooters, Pleasure & Maestro, is outpacing the industry growth. "The overall two-wheeler industry is again showing good volumes, and we are hopeful of keeping up the momentum," he added. During the month, the company also commenced construction of its fourth manufacturing plant and the Global Parts Centre (GPC) at Neemrana in Rajasthan. Hero Motocorp will invest a total of Rs 550 crore in setting up these facilities, the statement added.

YAMAHA MOTOR:
GROWTH RATE OF YAMAHA IN JANUARY 2013

The company sold 29,785 units in January 2013 as against 26,300 units sold in January last year in the domestic markets. It has registered a growth of 13.2% in domestic sales during January 2013 as compared to the corresponding period last year.

Speaking on the results, Mr. Roy Kurian, National Business Head, India Yamaha Motor, said, �We are indeed pleased with the sales growth that we�ve witnessed in the past month on account of our strong product portfolio, upbeat customer confidence and the launch of the scooter Ray in September last year, which has invariably managed to keep the growth consistent. We recently introduced the Yamaha Female Training programme in Chennai, Bangalore and Kolkata, the response to which has been highly encouraging. We shall continue with our endeavors as far as customer engagement programme is considered. The calendar this year is teeming with activities and I can assure you, that we at India Yamaha Motor shall strive to deliver only what we think is best for our customers.�


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