Hero Honda March sales up 15%

Hero Honda today reported a 15% increase in sales at 320,594 units in March when compared with 277,915 units sold in March 2007.

For the full year ended March 31, 2008, the company sold 33,37,142 units as against 33,36,756 units in FY07.

Pawan Munjal, managing director, Hero Honda, said: "Despite the industry slowdown, we have been able to manage positive growth thereby taking our share in the domestic motorcycle market upward of 52%. We will continue to focus on our customers and they can surely look forward to many more launches and various initiatives in the coming year."