Hero Moto Corp, so far, has retailed 5.5 lakh units. The company’s sales were boosted by auspicious buying. The company has recorded the upsurge in sales mainly on account of Gudi Padwa and Navratri. The company’s 5-year warranty has led to hike in retail market share. Further, the company expects the growth momentum to sustain if monsoon turn out to be good.
Hero MotoCorp is the World's single largest two-wheeler motorcycle company. Honda Motor Company of Japan and the Hero Group entered a joint venture to setup Hero Honda Motors Limited in 1984. Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company.
