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Hero MotoCorp reports 8% rise in 2-wheeler sales, others wait for revival

Semi-urban centres drive demand for Hero

hero motocorp, two-wheeler, 2-wheeler sales, auto, manufacturing, bike, production, workers, jobs
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The company said it was witnessing strong retail offtake with semi-urban centres driving the demand

T E NarasimhanAgencies Chennai/New Delhi
The country’s largest two-wheeler maker Hero MotoCorp on Tuesday reported a 7.55 per cent increase in sales in August at 584,456 units, compared to the corresponding month last year. Of the four two-wheeler makers that announced their sales numbers on Tuesday, Hero was the only company to post growth. The company had sold 543,406 units in August 2019, Hero MotoCorp said in a statement.

Among others, Suzuki Motorcycle India (SMIL) reported 19.15 per cent decline in total sales at 57,909 units, against 71,629 units in the corresponding period last year, while Royal Enfield sales dropped around 5 per cent to 50,144