Bike RPM

Hero Honda posts Rs 500 crore profit for April-June

Hero Honda, India’s largest two-wheeler manufacturer, has reported a net profit of Rs 500.1 crore for the period April-June 2009, an 83% increase over the profit for the corresponding period in 2008. This increase in profit is, according to the company, on account of lower input costs and better sales figures.

Hero Honda’s sales for April-June 2009 amounted to Rs 3,811 crore, a 34% increase over last year’s figure. Gross profit stood at Rs 604.5 crore, a 97% increase over the figure reported in the year-ago period.

With Bajaj Auto lagging far behind at a distant second spot, Hero Honda is currently the undisputed no.1 two-wheeler manufacturer in India. The company is expected to launch a new ‘premium’ motorcycle – the Karizma ZMR – in the domestic market over the next few weeks, with which it hopes to take on bikes like the Bajaj Pulsar 220 DTS-i and the Yamaha R15.

[Via: indiaautomotive]

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Honda 2 Wheelers Sales up 36% in April 2009

Honda Motorcycle & Scooter India has reported an increase of 36.27% in its sales during April this year, at 96,782 units, as compared to 71,022 units in April 2008.

At 42,495 units, HMSI’s motorcycle sales were up 87.27%, primarily due to the new Honda CBF 125 Stunner doing extremely well in the market. The company’s scooter sales were also up 12.33%, at 54,287 units, during April 2009.

HMSI, which recently launched a revamped version of its bestselling scooter, the Activa, and discontinued the production of its geared scooter Eterno, is now looking at launching a new 100cc commuter bike in order to increase its presence in the mass-market commuter bike segment.

[Via: indiaautomotive]

Tags: 2009, april, best, bikes, commuter, eterno, honda, india, launching, market, mass, sales, scooters, selling, two, wheelers

Suzuki: Motorcycle sales up 33% in April 2009

Suzuki Motorcycle India has reported a 33% hike in its motorcycle sales during April 2009, at 13,548 units, as against 10,208 units in April 2008. According to the company, the increase in sales could be attributed to its new offering, the GS150R.

With the fewest dealerships and a very small range of products, Suzuki remains the smallest player in India in the two-wheelers segment, which is quite in contrast to its dominant position in the passenger cars segment in the country.

[Via: indiaautomotive]

Tags: 2009, april, bikes, demand, high, india, is, last, month, motocycles, motorbikes, sales, scooters, suzuki, up