Hero MotoCorp has sold 454,582 units in October 2022 registering a 17.04% fall in volumes as compared to 547,970 units sold in October 2021. With festivals of Dussehra and Diwali - which triggers record retail buying - occurring in the month of October this year, the dispatch sales of October are not comparable to the previous years, when the festival days are usually spread across the months of October and November.
The company’s domestic sales stood at 442,825 units, dropping 16.10% over 527,779 units sold in October 2021. Exports also declined by 41.77% with 11,757 units shipped last month, as against 20,191 units during the same month last year.
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.
