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Hero Honda sales cross 4-lakh mark

TVS Motor, Yamaha too post higher sales.


The numbers

Honda Motorcycle & Scooter India is expected to improve on its August sales of 85,000 units

Indications are that overall two-wheeler sales would be a little over 900,000 units in September



Our Bureau

Mumbai, Oct. 1 Hero Honda continued its good run in September with sales of 4,01,290 two-wheelers, of which motorcycles led by the Splendor and Passion brands accounted for a lion’s share.

The company’s gearless scooter, Pleasure, makes up less than five per cent of total sales.

This was higher than the 3,85,262 units sold in September last year though a tad lower than the preceding month’s level of 4.15 lakh units. Sources said Hero Honda’s numbers had been impacted by the labour strife at some of its suppliers’ plants in the Gurgaon belt.

Honda’s other arm in the country, HMSI (Honda Motorcycle & Scooter India), had not released its figures till late Thursday evening but is expected to do an encore of August’s level of 85,000 units. The company had actually been cruising at over one lakh two-wheelers in the preceding months but, like Hero Honda, has been hit by problems at its suppliers’ end. TVS Motor Company posted sales of 142,553 bikes and scooters in the month which was slightly higher than 137,246 units in September 2008.

Of these, exports accounted for 10,272 two-wheelers and industry sources say this component could increase in the coming months.

Suzuki Motorcycles’ September sales totalled 15,719 units (2,514 last year) while Japanese counterpart, Yamaha did 26,394 motorcycles (10,142). Bajaj Auto will report its figures on Friday though it has already stated that it is targeting 2.5 lakh bikes on an average in September and October.

Indications are that overall two-wheeler sales would be a little over 900,000 units in September though experts believe that the one-million unit mark would have been breached had it not been for the labour issues with Gurgaon-based suppliers.

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