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Hero MotoCorp reports 12% fall in August sales

03 Sep 2012 Evaluate

Country’s largest two-wheeler maker Hero MotoCorp has reported a 11.88 percent fall in sales at 4,43,801 units in the month of August as compared to 5,03,654 units sold in August 2011.

The company’s cumulative sales of Hero MotoCorp in the period April - August 2012 stood at 2570310 units compared to 2524267 units of two-wheelers in the same period previous year.

Recently, the company had launched the Maestro scooter and the 125cc Ignitor that have been received well by customers and are also generating volumes across markets. Hero MotoCorp has a list of motorcycles and scooters.

Peers
Company Name CMP
Bajaj Auto 11110.00
TVS Motor Company 4143.00
Hero MotoCorp 5335.00
Eicher Motors 7263.00
OLA Electric Mobilit 38.69
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