Hero MotoCorp’s July sales down 7 percent from June
Normal monsoons in most parts of the country are expected to keep buyer sentiments positive.
Hero MotoCorp sold 430,684 units in the domestic market for the month of July 2022. A total of 445,580 units along with 14,896 exports were sold during that time. On the MoM basis, the company witnessed a decline of 7 percent where it sold 463,210 units in June 2022.
In a statement, the company said that normal monsoons in most parts of the country, and the consequent agricultural harvest, and other agricultural activities along with the upcoming festive season is expected to keep the sentiments positive and help build the sales momentum further.
Hero MotoCorp has sold 18,35,773 units of motorcycles and scooters so far (April-July) in FY23.
In the first month of the second quarter, Hero launched the rally edition of Xpulse 200 4V and the latest edition of Super Splendor in Canvas Black Edition.
RELATED ARTICLES
Rajiv Bajaj reappointed MD and CEO of Bajaj Auto for five-year term
Bajaj Auto’s Board of Directors has approved the re-appointment of Rajiv Bajaj as the company’s MD and CEO for another f...
JSW MG Motor launches Comet EV Blackstorm edition
The key highlights of the Comet EV Blackstorm, which is now the top-end variant, are its ‘Starry Black’ exterior along w...
Maruti Suzuki begins production at new Kharkhoda plant
Phase 1 of the Kharkhoda plant will have an annual production capacity of 250,000 units and produce the Brezza compact S...