April 19, 2021

Hero MotoCorp reviews 1.45 per cent improve in complete gross sales in February



The nation’s largest two-wheeler maker on Monday reported a 1.45 per cent improve in complete gross sales at 5,05,467 models in February. The corporate had bought 4,98,242 models in the identical month of the earlier yr, Hero MotoCorp stated in a press release.

Whole bike gross sales stood at 4,63,723 models final month as in opposition to 4,79,310 models in February 2020, down 3.25 per cent.

Whole

gross sales, nevertheless, elevated over two fold to 41,744 models as in contrast with 18,932 models within the year-ago month, it added.

Within the home market, gross sales rose marginally to 4,84,433 models final month as in contrast with 4,80,196 models in the identical interval a yr in the past.

Exports final month stood at 21,034 models as in contrast with 18,046 models within the year-ago interval.

“The expansion in gross sales – regardless of the continued challenges on account of provide chain points that the business is going through – has been doable as a result of state of preparedness and fast countermeasures taken by the corporate,” the corporate stated.

Hero MotoCorp stays optimistic about progress within the coming months, as a reputable restoration within the Indian financial system and a optimistic momentum in the direction of private mobility is more likely to additional strengthen the demand for two-wheelers, it added.