Hero Honda July sales up 60%

Hero Honda Motors today reported a massive 60.7% rise in sales in July this year at 2,30,050 units against 1,43,141 units in the same month last year.

Sales in the domestic market for the country's biggest bike maker were up 61.6% to 2,23,150 units from 1,38,038 units in July '04. Exports, on the other hand, were up 35.2% to 6,900 units (5,103).

The company's sales in the first four months of the fiscal (April-July '05) grew 12% to 9,17,617 units (8,14,777). This included 8,81,176 units sold in the domestic market at a growth of 10.4%.