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Hero MotoCorp's Dec sales down 6.41%

Thursday - January 2, 2020 5:04 pm , Category : BUSINESS
New Delhi, Jan 2 (IANS) Two-wheeler major Hero MotoCorp on Thursday reported a 6.41 per cent 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 per cent, from 436,591 units sold in the last December.
However, the two- & three-wheeler manufacturer's exports rose by 26.20 per cent to 12,836 units from 17,394 units shipped during the like month of 2018.

--IANS rv/pcj