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Hero MotoCorp sales increased 5.6% in August

Sep 4, 2023

By: BlinkX Research Team

Hero MotoCorp's total sales jumped 5.6% to 488,717 units in August, up from 462,608 units the previous year. Last month, the company sold 452,186 motorbikes and 36,531 scooters.

Domestic sales climbed by 5% to 472,947 units, while exports increased by 32.8% to 15,770 units.

Customer demand is likely to increase as the festive season approaches. Better monsoons in most regions of the nation, as well as reasonable agricultural activity, are also anticipated to add to favorable customer mood, according to the company.

In August, the company introduced the Karizma XMR with a starting price of Rs 1,72,900.

In addition, the business introduced the new Glamour, which has revolutionary i3S (Idle Stop-Start System) technology, a new completely digital console, a real-time mileage indicator, and a mobile charging port.

Source: Media Reports