Wednesday, July 28, 2021

Hero MotoCorp reports 35% slump in sales in April

The country’s top two-wheeler maker Hero MotoCorp’s montly sales in April slumped 35 percent, to 3.72 lakh units, from 5.77 lakh units dispatched in March this year. The company said sales in April were subdued due to the temporary closure of plant operations and the retail outlets across several key territories in India on account of the impact of the second wave of COVID-19.

The sales numbers of April 2021 were not comparable with the corresponding month of the previous year as no vehicles were manufactured then.

Mid-sized motorcycle maker, Royal Enfield, part of Eicher Motors has sold a total of 53,298 units in April, down 19 percent from the sales in March this year. The company’s domestic sales stood at 48,789 units.

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