Hero MotoCorp logs 14% growth in November sales

Mumbai, Dec 1 : Hero MotoCorp on Tuesday reported 14.4 per cent growth in its sales for November at over 5,91 lakh units.

In November last year the two-wheeler major sold 5.16 lakh units.

“The company sold 591,091 units of motorcycles and scooters in November 2020. Continuing to ride over the challenging market conditions caused by Covid-19, Hero MotoCorp reported a robust double-digit growth of 14.4 per cent over the corresponding month of the previous year (November 2019), when the company had sold 516,775 units,” the company said in a regulatory filing.

Hero MotoCorp said that it has led the revival in the two-wheeler industry this year and this was witnessed in the record retail sales that the company registered in the recently concluded festival period.

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More than 14 lakh units were retailed in the 32-day period starting from ‘Navratra’ till ‘Bhai-Duj’.

Disclaimer: This story is auto-generated from IANS service.

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