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Hero MotoCorp sales dip 12% in Aug

The company had sold 5,03,654 units in August, 2011

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Press Trust of India New Delhi

Country's largest two-wheeler maker Hero MotoCorp today reported a dip of 11.88 per cent in sales at 4,43,801 units in August.

The company had sold 5,03,654 units in August, 2011, Hero MotoCorp said in a statement.

Commenting on its numbers, Hero MotoCorp Senior Vice- President (Marketing and Sales) Anil Dua said: "The dispatch numbers of August reflect the market sentiment.

The two-wheeler industry in the country has been facing a challenging time due to the overall macro-economic situation which has adversely affected retail sales, both in the urban and the rural markets".

 

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First Published: Sep 01 2012 | 7:05 PM IST

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