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Hero MotoCorp’s Dec sales down 6.41%

New Delhi:  Two-wheeler major Hero MotoCorp on Thursday reported a 6.41 percent decline in sales, including exports, for December 2019.

According to the company, sales in December declined to 424,845 bikes from 453,985 in the year-ago month. “In the first three-quarters of FY20, the company sold 50,75,208 motorcycle 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.”

Bajaj Auto’s domestic sales stood at 4,12,009 units, down over 5 percent, from 436,591 units sold in the last December.

However, the two- & three-wheeler manufacturer’s exports rose by 26.20 percent to 12,836 units from 17,394 units shipped during the like month of 2018.

 

 

SOURCE: IANS