Hero Honda Feb sales up 52%, 2-wheeler firms replay Jan performance

Two-wheeler companies seem to have replayed their January performance in February with industry leader Hero Honda zooming ahead and Bajaj Auto and TVS Motor posting unimpressive sales volumes.

Hero Honda breached the 2 lakh sales mark for the third time this fiscal, selling 2,04,555 units in February, a 52 per cent jump over 1,34,763 units sold in February 2003.

Hero Honda's cumulative sales grew 20 per cent between April 2003 and February 2004, from 15,61,815 units to 18,77,976 units.

Meantime, Bajaj Auto has posted a 6 per cent growth in two-wheeler sales at 1,06,558 units compared with 1,00,118 units in the corresponding previous period.

It sold 84,170 motorcycles in February 2004, a 10 per cent growth over February 2003. But scooter sales dipped 4.55 per cent to 22,388 units from 23,457 units .

Sales at TVS Motor Company rose 4 per cent to 96,408 units in February 2004 compared with 92,951 units during the same period last year.

But total motorcycle sales fell 3 per cent to 59,286 units from 61,265 units. Scooterette sales rose 37 per cent to 14,188 units .

The company said it has decided to ramp up production of its latest offering, the Centra, owing to good response.