Hero MotoCorp posts highest ever monthly sales in January

Two-wheeler manufacturer Hero MotoCorp has recorded highest monthly sales of 5,57,797 units in January 2013.

This is a growth of 7.21 per cent from 5,20,272 units sold in same month of 2012, the auto major said in a statement.

Hero MotoCorp Senior Vice-President (Marketing & Sales) Anil Dua said: "Our new motorcycle launches like Ignitor and Passion X-Pro are receiving excellent customer response, while growth in our scooters, Pleasure & Maestro, is outpacing the industry growth. The overall two-wheeler industry is again showing good volumes, and we are hopeful of keeping up the momentum."

The previous highest sales were recorded for May 2012, when the company had sold 5,56,644 units.

During January, the company also commenced construction of its fourth manufacturing plant and the Global Parts Centre (GPC) at Neemrana in Rajasthan. Hero MotoCorp will invest a total of Rs 550 crore in setting up these facilities, the statement added.