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Hero MotoCorp's Dec sales down 6.41%
TIWN
Hero MotoCorp's Dec sales down 6.41%
PHOTO : TIWN

New Delhi, Jan 3 (TIWN) Two-wheeler major Hero MotoCorp on Thursday reported a 6.41 per cent decline in sales, including exports, for December 2019.

According to the company, sales in December declined to 424,845 units from 453,985 units sold during the year-ago month.  "In the first three quarters of FY20, the company sold 50,75,208 motorcycles and scooters," it said.  "Hero MotoCorp is rapidly migrating to the BS-VI regime and has launched two exciting motorcycles -- Splendor iSmart BS-VI and HF Deluxe BS-VI -- in quick succession," the company said.  Hero MotoCorp''s domestic sales fell to 4,12,009 units, down over 5 per cent, from 436,591 units sold in last December.  The two-wheeler manufacturer''s exports declined by 26.20 per cent to 12,836 units from 17,394 units shipped out during the like month of 2018.  Besides, the company sold a total of 4,03,625 motorcycles from 4,17,612 units sold during the corresponding period of 2018.  In addition, the two-wheeler major''s scooter off-take declined to 21,220 units during December 2019 from 36,373 units sold during the year-ago period.

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