Hero MotoCorp (HMCL), the world’s largest two-wheeler manufacturer, has sold 1,715,129 units of two-wheelers in the first quarter of (April-June) fiscal 2014-15 compared to 1,559,282 units sold in the corresponding quarter of the previous fiscal, clocking a 10% growth. The company has registered 8% rise in total sales at 541,594 units for June 2014 as compared to 502,279 units in same month previous year. The company had sold 571,054 units and 602,481 units of two wheelers respectively in the months of April and May this year.
In the month of June, Hero MotoCorp commenced production at its fourth manufacturing plant at Neemrana in Rajasthan and also started despatch from the plant to the market. With the commissioning of the plant, which has an installed capacity of 750,000 units, Hero MotoCorp now has a total annual installed capacity of 7.65 million units of two-wheelers.
Hero MotoCorp is the World’s single largest two-wheeler motorcycle company. Honda Motor Company of Japan and the Hero Group entered a joint venture to setup Hero Honda Motors in 1984. Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 10163.40 |
| TVS Motor Company | 3621.85 |
| Hero MotoCorp | 4948.35 |
| Eicher Motors | 7364.20 |
| Ather Energy | 1224.25 |
| View more.. | |
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