Hero MotoCorp sales fell 15.31 pcs to 5.16,775 units in November
New Delhi, December 2 () The country's largest two-wheel manufacturer, Hero MotoCorp, reported on Monday a 15.31 percent decrease in total sales to 5.16,775 units in November.
The company had sold 6,10,252 units in the same month a year ago, Hero MotoCorp said in a statement.
Total motorcycle sales were 4.79,200 units compared to 5.43,982 units in November last year. Scooter sales stood at 37,575 units compared to 66,270 units in the month of the previous year.
Hero MotoCorp said its national sales during the month were 5.05,994 units compared to 6.01,045 units in November last year, down 15.82 percent.
However, exports grew 17 percent to 10,781 units compared to 9,207 units in the month of the previous year.
After record festive retail sales in October 2019 and the lowest inventory in two years, the November 2019 dispatch numbers reflect Hero MotoCorp's intention to ensure a smooth transition to BS-VI standards, the company said.
In November, the company said it began retail sales of motorcycles that comply with BS-VI, Splendor iSmart with fuel injection technology.
Hero MotoCorp said it has increased production of its BS-VI vehicles, while discontinuing the launch of several BS-IV models in an effort to completely migrate to the new era of emissions. It stopped the production of more than 50 variants of its range of BS-IV models, while rapidly increasing the production of BS-VI vehicles. RKL BAL