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]

Tags: 500, april, automotive, autos, bike, crore, for, hero, honda, june, karizma, motorbike, motorcycle, posts, profit, zmr

TVS Motor’s sales up by 6% in June 2009

TVS Motor Company has posted a 6% increase in two-wheeler sales during June this year, at 115,488 units, as against 109,082 units in June 2008. During June 2009, TVS sold 105,361 units in the domestic market, compared to 94,072 units during June last year - an increase of 12%.

TVS’s scooter sales also registered a significant increase, going up from 21,466 units in June 2008 to 25,945 units in June this year. Total motorcycle sales, meanwhile, were down to 46,048 units in June 2009 as compared to 51,409 units in June 2008. Exports also came down from 15,010 units during June last year to 10,087 units in June this year.

[Via: indiaautomotive]

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Yamaha Motor India Sales up 84.3% in June 2009

IYamaha Motors India has registered a growth of 84.3% in its sales during June 2009, at 17,878 units, as against 9,699 units in June 2008. Ever since IYM launched the YZF-R15 and FZ16 bikes last year, its sales have shown an upward trend.

And in keeping with its newfound performance focus, the company recently launched high-performance race-spec parts for these two bikes. They are also planning to launch a new bike based on FZ series, it will feature full front fairing like the R15.

[Via: indiaautomotive]

Tags: 2009, automotive, autos, bike, demand, fz, fz16, high, in, india, june, last, month, more, motors, r15, sales, up, very, yamaha