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Hero MotoCorp reports marginal decline in total sales in December 2022

02 Jan 2023 Evaluate

Hero MotoCorp has reported marginal decline in total sales at 3,94,179 units for December 2022. The company had sold 3,94,773 units in the same month a year ago. Domestic sales were higher by 1.83% at 3,81,365 units as against 3,74,485 units in December 2021. Exports stood at 12,814 units in December 2022 as compared to 20,288 units in the year-ago month.

Total motorcycle sales in December 2022 stood at 3,56,749 units as against 3,76,862 units in the same month a year ago. On the other hand, scooter sales were higher at 37,430 units as compared to 17,911 units in December 2021. In the three quarters of financial year 2022-23, the company has sold more than 40.58 lakh units, a rise of 8% as compared to the year-ago period.

Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.

Peers
Company Name CMP
Bajaj Auto 11009.00
TVS Motor Company 4083.15
Hero MotoCorp 5385.00
Eicher Motors 7219.00
OLA Electric Mobilit 37.87
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