By IANS,
New Delhi : India’s largest two-wheeler company Hero Honda Motors Thursday said it will launch nine models over the next six months.
“The action will start now to March,” said Anil Dua, the company’s senior vice-president of sales and marketing, adding: “I do not want to get into specifics of the launches now.”
Hero Honda also aims to cross the four-million mark in sales this fiscal, Dua told reporters on the margins of a conference on the auto-industry here. “We are always looking at 59 percent market share. We do take commercially savvy decisions.”
The company’s facility at Haridwar, where about 4,000 units are rolled out daily, will be ramped up to produce 6,000 units daily by March 2010.
Talking about the upcoming festive season, Dua said: “This time we stand to benefit from two months of festival period starting September. Last year we sold six lakh-plus vehicles in October, we hope to cross that mark.”
However, Dua conceded that deficient rains and drought could pose problems for the auto sector “If monsoon remains to be bad, then it certainly does not augur well for the industry.”