SME Times News Bureau | 01 Dec, 2020
Hero MotoCorp on Tuesday reported 14.4 per cent growth in its sales for November at over 5,91 lakh units.
In November last year the two-wheeler major sold 5.16 lakh units.
"The
company sold 591,091 units of motorcycles and scooters in November
2020. Continuing to ride over the challenging market conditions caused
by Covid-19, Hero MotoCorp reported a robust double-digit growth of 14.4
per cent over the corresponding month of the previous year (November
2019), when the company had sold 516,775 units," the company said in a
regulatory filing.
Hero MotoCorp said that it has led the revival
in the two-wheeler industry this year and this was witnessed in the
record retail sales that the company registered in the recently
concluded festival period.
More than 14 lakh units were retailed in the 32-day period starting from 'Navratra' till 'Bhai-Duj'.
