Hero MotoCorp’s sales decline by 5% YoY to 396,107 units in April

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Hero MotoCorp said Monday that total wholesale sales fell 5 percent year over year to 3,96,107 units in April.

The nation’s largest two-wheeler maker sent 4,18,622 units in the year-ago period.

Domestic sales fell to 3,86,184 units from 3,98,490 units in April 2022. Exports also fell to 9,923 units last month from 20,132 units in the same period last year.

Hero MotoCorp said in a statement that the company expects to build momentum in the coming months due to a combination of multiple factors, including a slew of new product launches, healthy growth in the country’s GDP, and positive consumer sentiment.

(Only the title and image for this report may have been reworked by the Business Standard staff; the rest of the content is generated automatically from a shared feed.)

First published: May 01, 2023 | 9:59 p.m ist