City
Epaper

Hero MotoCorp July sales surpass 5 lakh units

By ANI | Updated: August 1, 2020 16:09 IST

Hero MotoCorp sold 5.14 lakh units of motorcycles and scooters in July, marking a sequential growth of 14 per cent over the previous month and reaching more than 95 per cent of wholesale dispatch numbers in the corresponding month last year.

Open in App

Hero MotoCorp sold 5.14 lakh units of motorcycles and scooters in July, marking a sequential growth of 14 per cent over the previous month and reaching more than 95 per cent of wholesale dispatch numbers in the corresponding month last year.

While domestic sales totalled 5.07 lakh as compared to 5.11 lakh in July 2019, exports in July 2020 were 7,563 as against 24,436 in the year-ago period.

Motorcycles sales last month were 4.78 lakh and scooters sales added up to 35,843 units as compared to 4.9 lakh and 45,752 year-on-year respectively.

More than 95 per cent of Hero MotoCorp customer touch-points are currently operational with strict safety measures and protocols in place, the company said in a statement adding the market environment continues to be volatile.

"While there is cautious optimism on the demand trajectory going forward, sales continue to be impacted by the micro-lockdowns in several parts of the country," it said.

"For the growth momentum to continue, it would be pertinent for state and local authorities to provide a stable and consistent business environment as the situation evolves," it added.

( With inputs from ANI )

Open in App

Related Stories

TechnologyIndia’s MedTech sector projected to touch $50 billion by 2030: Dr Jitendra Singh

HealthIndia’s MedTech sector projected to touch $50 billion by 2030: Dr Jitendra Singh

BusinessSetback to Anil Ambani: Bombay HC upholds SBI move to classify loan account as ‘fraud’

BusinessIndia’s MedTech sector projected to touch $50 billion by 2030: Dr Jitendra Singh

BusinessUP: Over 63,000 youth get loan in 6 months, under Mukhyamantri Yuva Udyami Vikas Abhiyan

Business Realted Stories

BusinessBihar: Bagaha youth become ‘job givers’, courtesy CM Entrepreneurship Scheme

BusinessIndia on strong growth path, largest economic centre now: Former RBI Dy Governor

BusinessCrocs™ teams up with Rashmika Mandanna and popular creators to turn the festive season into an unfiltered celebration of joy

BusinessIndore Police Commissionerate Launches Its Own AI Chatbot - Rajesh Dandotiya

BusinessCentre for Scientific Outreach (CSO) announces the launch of the National Aviation Olympiad (NAO) 2026