Hero Honda rubbishes foraying into 4-wheeler segment

New Delhi, Sept 5 (UNI) Hero Honda Motors Ltd, country's leading two-wheeler manufacturer, has ruled out the speculation that it would enter the four-wheeler segment, company's Managing Director Pawan Munjal said today.

''As of now, we have no plans to foray into the four-wheeler market,'' Mr Munjal told reporters on the sidelines of SIAM annual convention here.

Hero Honda's sales increased by 12 per cent to 2,40,875 units last month.

UNI