HERO MOTOCORP SCALES NEW PEAK WITH ALL-TIME HIGH MONTHLY SALES

REPORTS ITS HIGHEST–EVER MONTHLY SALES OF 5,56,644 TWO-WHEELERS IN MAY’12

Hero MotoCorp Ltd. (HMCL), the world’s largest two-wheeler manufacturer, today reported its best-ever monthly sales, thus underlining the robust momentum the company has sustained since embarking on its solo journey. Marking its 10th consecutive month of over five lakh sales, Hero MotoCorp despatched 5,56,644 two-wheelers in May, a growth of 11.3 per cent over the corresponding month last year when the company had sold 5,00,234 units. The company’s sales in May this year surpassed its previous highest of 5,51,557, recorded only last month (April’12).

Mr. Anil Dua, Senior Vice-President (Marketing and Sales), Hero MotoCorp Ltd. said, "We have been setting new industry benchmarks month after month which is an indication not only of our progress in our journey but also the trust of our valued customers. The first two consecutive months of the new fiscal recording highest-ever sales for the company has clearly been a great start for us. Notwithstanding the slowdown in the overall economy and the prevailing sentiment in the country, we are cautiously optimistic that the expected normal monsoon and the consequent good harvest should perk up the mood in the coming months.

“We remain committed to our multi-focal strategy of new launches, network expansion, rural drive, compelling communication and on-ground customer activation. We currently have about 5000 customer touch points, and we plan to add another 400 touch points to our network this year,” he added."