The Telegraph
Thursday , July 3 , 2014
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June bike sales on fast track

New Delhi, July 2: The domestic two-wheeler market continued to grow in June.

Hero MotoCorp, the country’s largest two-wheeler manufacturer, today reported a 7.82 per cent rise in sales at 5,41,594 units in June against 5,02,279 units in the same month last year.

During the first quarter ended June, the company sold 17,15,129 units, an increase of 9.99 per cent over 15,59,282 units in the year-ago period.

Hero MotoCorp said it had commenced production at its fourth manufacturing plant at Neemrana in Rajasthan.

“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,” it added.

Rival Bajaj Auto’s sales grew 3.3 per cent to 3,05,465 units in June from 2,95,749 units in the same month last year.

Motorcycles sales grew 3 per cent to 2,62,202 units, while three-wheeler sales grew 5 per cent to 43,263 units.

Exports rose 12 per cent to 1,35,074 units. Bajaj Auto is the country’s largest two-wheeler exporter.

Yamaha Motor India reported a 14.35 per cent increase in domestic two-wheeler sales at 40,666 units in June compared with 35,561 units in the same month of the previous year.