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This is an archive article published on June 3, 2003

Two-wheeler sales show growth

India’s largest motorcycle maker, Hero Honda Motors has witnessed a jump of 12.2 per cent in its sales at 1,63,582 units in May 2003 fu...

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India’s largest motorcycle maker, Hero Honda Motors has witnessed a jump of 12.2 per cent in its sales at 1,63,582 units in May 2003 fuelled by record sales of its flagship model Splendor. The company had sold 1,45,727 motorcycles in the same month last year.

According to a company release, the May sales were also higher by 21.8 per cent as compared to 1,34,318 units sold in April this year, he said. Hero Honda achieved its highest-ever sales of 1,02,050 units of the 100CC Splendor model during the month, the release said.

Another two-wheeler major TVS Motor Company has registered marginal 5 per cent rise in its sales during May 2003 to 96,203 units following increased demand of motorcycles and scooters. TVS’s motorcycle sales went up by 8 per cent to 63,973 units while scooters (sub-100CC category) clocked a 16 per cent growth at 14,334 units during the month.

LML Ltd said its motorcycle sales has surged by over eight times in May due to good demand of the 110CC model Freedom. The company sold 19,853 units over 2,290 units in the same month last year.

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