Hero MotoCorp has sold 547,970 units of two-wheelers in October 2021. This is a sequential growth over the volume sales in the month of September, when Hero MotoCorp dispatched 530,346 units of motorcycles and scooters, indicating a gradual recovery in the economy.
Demand in the festive season has been building up as company move towards Dhanteras and Diwali, and the company expects healthy retail over the coming weeks. With the economy gradually opening up with several other positive indicators, such as encouraging farm activity and surge in preference for personal mobility, a swift revival in sales is expected in the coming months. Exports increased to 20,191 units last month as against 15,711 units in the year-ago period.
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.
