Hero MotoCorp July sales surpass 5 lakh units

Hero MotoCorp sold 5.14 lakh units of motorcycles and scooters in July, marking a sequential growth of 14 per cent over the previous month and reaching more than 95 per cent of wholesale dispatch numbers in the corresponding month last year.

By: ANI
| Updated on: 01 Aug 2020, 16:06 PM
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File photo of the recently-launched Hero Xtreme 160R. (HT Auto/Sabyasachi Dasgupta)
File photo of the recently-launched Hero Xtreme 160R. (HT Auto/Sabyasachi Dasgupta)

While domestic sales totalled 5.07 lakh as compared to 5.11 lakh in July 2019, exports in July 2020 were 7,563 as against 24,436 in the year-ago period.

Motorcycles sales last month were 4.78 lakh and scooters sales added up to 35,843 units as compared to 4.9 lakh and 45,752 year-on-year respectively.

More than 95 per cent of Hero MotoCorp customer touch-points are currently operational with strict safety measures and protocols in place, the company said in a statement adding the market environment continues to be volatile.

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"While there is cautious optimism on the demand trajectory going forward, sales continue to be impacted by the micro-lockdowns in several parts of the country," it said.

"For the growth momentum to continue, it would be pertinent for state and local authorities to provide a stable and consistent business environment as the situation evolves," it added.

First Published Date: 01 Aug 2020, 16:06 PM IST
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