Hero MotoCorp has reported 22 per cent dip in total sales at 4,53,879 units in August as compared with same month last year. The company had dispatched 5,84,456 units to its dealerships in August 2020. In the domestic market, the company sold 4,31,137 units last month, down 24 per cent from 5,68,674 units in the same period last year.
The company is gearing up for the upcoming festive season, and with several positive indicators, such as the decent monsoon resulting in encouraging farm activity in most parts of the country, and the several government schemes in the social sector, it remains optimistic about demand in the coming months.
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.
