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Hero MotoCorp reports 6.61% fall in April sales

04 May 2015 Evaluate

The country’s largest two-wheeler maker Hero MotoCorp has reported 6.61% fall in its total sales at 5,33,305 units in April 2015 as compared to 5,71,054 units sold in the same month last year. The rural demand for automobiles has been adversely impacted by unseasonal rains witnessed in the month of March.

Hero MotoCorp is the World’s single largest two-wheeler motorcycle company. Honda Motor Company of Japan and the Hero Group entered a joint venture to setup Hero Honda Motors in 1984. Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company.

Peers
Company Name CMP
Bajaj Auto 11009.00
TVS Motor Company 4083.15
Hero MotoCorp 5385.00
Eicher Motors 7219.00
OLA Electric Mobilit 37.87
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