Hero Motor Corp: One of the top-leading Indian two-wheeler manufacturers, Hero Motor Corp has sold around 4 lakh bikes within just one month. After selling 4.73 lakh units in August, the company witnessed growth and development. As a result of this, the company is said to be number one across the nation. Let’s grab more details about the sales of the two manufacturers below.
In August, the company sold 488717 scooters and motorcycle units, which is higher than the previous sales units completed last year in the same month. Now, talking about the company’s top-selling bike, then, it is said to be splendor. Moreover, the company’s maximum sales are driven by HF Delux and Splendor bikes.
Hero Motor Corp Scooter Sales
The scooter sales of Hero Motor Corp have also seen growth and around 36000 scooter units were sold. These 36000 sold units are higher than 30000 units, which were sold last year. Moreover, it is hailed for selling around 470000 units across the nation along with a noticeable increased sales in exports.
Hero Domestic Sales In August
The company witnessed around 27% growth in sales in the month of August with sale units of around 47000. However, it has witnessed a slight decline in exports. Sales units in exports are 15770, which is lower than the sales units of the previous year.
Financial Year Performance Of The Company
Despite hurdles and challenges, Hero’s financial year performance is quite impressive. Talking about the financial year sales of motorcycles, the company sold around 20000 units which indicates a marginal decline as compared to the previous financial year sales. Besides this, scooter sales saw a fantastic increase of 12 percent with sold units of 157183.
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