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Hero MotoCorp sales decline 7% in April

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Press Trust of India New Delhi
Country's largest two-wheeler maker Hero MotoCorp today reported a 6.61 per cent dip in sales at 5,33,305 units in April.

The company had sold 5,71,054 units in the same month last year, Hero MotoCorp said in a statement.

The rural demand for automobiles has been adversely impacted by unseasonal rains witnessed in the month of March, it added.

"Poor crop realisation and a slowdown in rural wages have pulled back the rural economy, impacting retail off-takes in markets such as Bihar, Madhya Pradesh and sugarcane growing areas of Uttar Pradesh and Maharashtra," the company said.
 

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First Published: May 01 2015 | 7:32 PM IST

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