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Hero MotoCorp reports 26% fall in September 2012 sales

02 Oct 2012 Evaluate

Country’s largest two-wheeler maker, Hero MotoCorp has reported a 26.35 percent fall in sales at 404,787 units in the month of September 2012 as compared to 549,625 units sold in September 2011. The fall in company’s sales in September month reflects the ongoing market sentiment in the automobile industry.

The company is expecting that the industry will get back to its growth path with the festive season demand coming in which will improve the overall temper of the market.

Besides, to meet the expected market demand in the upcoming festive season the company has ensured sufficient stocks across dealerships and has also lined up a comprehensive marketing and customer engagement plan.

Peers
Company Name CMP
Bajaj Auto 11119.85
TVS Motor Company 4138.50
Hero MotoCorp 5323.05
Eicher Motors 7260.00
OLA Electric Mobilit 38.31
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