MoneyWorks4Me

Hero MotoCorp reports 28% growth in August sales

02 Sep 2016 Evaluate

Hero MotoCorp (HMCL), the world’s largest two-wheeler manufacturer, has further consolidated its leadership position with yet another six lakh-plus monthly sales in 2016. The company has sold 616,424 units of two-wheelers in August 2016 - a growth of 28% over the corresponding month last year when the company had sold 480,537 units. This is the third time this year that the company has surpassed the six lakh sales mark.

The company will launch 15 new products across segments in its domestic and global markets this fiscal, out of which three motorcycles will be introduced in the domestic market before the festive season. These include the new Achiever 150cc motorcycle and the Super Splendor and Passion PRO with the Hero patented i3S technology.

Hero MotoCorp is an India-based holding company and a two-wheeler manufacturer. The Company is engaged in the manufacturing and selling of motorized two-wheelers, spare parts and related services.



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
View more..