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Hero Honda Tops it again..

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  • #1

    Hero Honda Tops it again..

    Hero Honda sales jump 43% in Oct, at its monthly highest

    NEW DELHI: The country's largest two-wheeler maker Hero Honda on Monday reported its highest ever monthly sales at 5,05,553 units in October, registering a jump of 42.75 per cent over the same month last year.

    The company had sold 3,54,156 units in the corresponding month last year, Hero Honda said in a statement.

    This is the first time that the company's sales figure has crossed five lakh mark.

    source -

    Hero Honda sales jump 43% in Oct, at its monthly highest - The Economic Times
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  • #2
    News Approved

    Half million sold in a month.Next target 6lakhs
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    • #3
      Originally posted by MG_Biker1806 View Post
      News Approved

      Half million sold in a month.Next target 6lakhs
      With diwali, that shouldnt be a problem...
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      • #4
        Originally posted by Satyamzma View Post
        [B]monthly sales at 5,05,553 units in October,
        wow! 5 lac bikes!

        how much do other manufacturers sell in comparison?
        .
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        • #5
          Marketing Strategy

          Its all about Marketing Strategy

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          • #6
            Bumper Sales!

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            • #7
              So much for the sales.. profit has actually gone down by 15%, which indicates that HH is not able to increase the prices when they face input costs.. they are trying to absorb them and hence taking hit on profits. In comparision TVS & Bajaj report better profit numbers whenever they report better numbers!!
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              • #8
                Originally posted by vrugonnab View Post
                So much for the sales.. profit has actually gone down by 15%, which indicates that HH is not able to increase the prices when they face input costs.. they are trying to absorb them and hence taking hit on profits. In comparision TVS & Bajaj report better profit numbers whenever they report better numbers!!
                +1000n vrugonnab.

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                • #9
                  Delightful piece of news. Clearly shows the trend of motorcycle sales in our country.
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                  • #10
                    WOW even after heavy competition the HH is going up & up. I wonder why the honda wants to leave hero even when they are having such huge profits.
                    NOT BEEN THERE NOT DONE THAT

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                    • #11
                      Originally posted by madhav krishna View Post
                      I wonder why the honda wants to leave hero even when they are having such huge profits.
                      high sales figures & huge profit are two entirely different things innit!?!
                      .
                      sigpic

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                      • #12
                        Originally posted by madhav krishna View Post
                        WOW even after heavy competition the HH is going up & up. I wonder why the honda wants to leave hero even when they are having such huge profits.

                        Maybe because in the end its "Hero" which is becoming bigger by the day thanks to "Honda".. One fine day a partner might become just too big for the other to handle.


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                        • #13
                          Originally posted by payeng View Post
                          Maybe because in the end its "Hero" which is becoming bigger by the day thanks to "Honda".. One fine day a partner might become just too big for the other to handle.

                          +100 Honda is getting envy on Hero and now Honda wants all these sales money in their own Pockets instead of sharing profits with Hero... but i highly doubt Honda alone could achieve this type of sales figures in Future
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                          • #14
                            Originally posted by madhav krishna View Post
                            WOW even after heavy competition the HH is going up & up. I wonder why the honda wants to leave hero even when they are having such huge profits.
                            From what I understand,

                            The sales fugures do not result in huge profits because their core strength is in the low-profit/high-volume segment...

                            I've read earlier that Honda was interested in improving their(HH) position in the >150cc segment (because of the high margins) and was ready with its contribution towards the investment, but Hero was not as interested and didn't want to put up the cash...

                            Hence, initially HMSI was born with a no-compete clause for a limited amount of time...

                            Now, since HMSI can compete with HH bikes, it doesn't make sense for Honda to pump money into both ventures and their plan is to sell HH stake and use that money as investment in HMSI...

                            Note: Just my understanding from following the story since quite some time...
                            Last edited by NikhilB; 11-03-2010, 12:22 PM. Reason: typo correction
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                            • #15
                              still HMSI doesn't have very hot looking bikes as HH or Yamaha
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