Hero MotoCorp Reports 17% Rise In September Sales At 7,15,718 Units

Hero MotoCorp said it registered record sales of 715,718 units in September 2020 – its highest sales in a single month in the calendar year of 2020.

This translates into a growth of 16.9% over the corresponding month of the previous year (September 2019), when the company had sold 612,204 units.

Hero MotoCorp sold 18,14,683 units in the second quarter (July-September) of the current fiscal (FY’21), clocking a healthy Year-on-Year growth of more than 7.3%.  The Company had sold 16,91,420 units in the second quarter of FY’20, it said in the statement.

To partially offset the rising input costs and commodity prices, the Company has made an upward revision in the ex-showroom prices of its motorcycles and scooters by up to 2%, with the exact quantum varying on the basis of the model and specific market. The revised prices are effective from October 1, 2020.