Hero Honda has reported a 10.2% decline in sales for December 2008, at 215,931 units, against 240,532 units sold in December 2007. However, the company posted a 9% growth in sales for calendar year 2008, selling 3.6 million units during the year, compared to 3.3 million units sold in 2007.

[Via: indiaautomotive]

For the April-December 2008 period, BAL's total motorcycle sales were down 8% at 1,534,149 units, against 1,660,182 units in the corresponding period in 2007. Bajaj intends to deal with the slowdown in demand by launching a range of new bikes and new variants of existing bikes.

The aim, for BAL, is to launch one new two-wheeler every month, for the next six months. While bike sales have gone down, BAL's three-wheeler sales actually went up by 3%, with the company selling 22,948 units in December 2008, compared to 22,221 units in December 2007.