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Business News » Companies News

Hero MotorCorp records for the third time above 6 lakh sales in FY17

In addition to strenghtening its leadership in the 100-110 cc motorcycle category with the recent launch of Splendor iSmart 110, Hero has also further consolidated its leadership in the 125 cc space with the largest selling motorcycle in the segment of 'Glamour'.

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Hero MotorCorp records for the third time above 6 lakh sales in FY17
Hero Motocorp once again maintains its leadership by registering yet another above six lakh monthly sales in 2016. Photo: Official Website

Two-wheeler manufacturer Hero Motocorp once again maintains its leadership by registering yet another above six lakh monthly sales in 2016. 

The company sold 6,16,424 units of two-wheelers, a rise of 28% from 480,537 units in the corresponding period of the previous year. 

Hero Motorcorp has sustained its momentum, as this would be the third time since the start of financial year 2017, that it has surpassed six lakh sales mark. 

In addition to strenghtening its leadership in the 100-110 cc motorcycle category with the recent launch of Splendor iSmart 110, Hero has also further consolidated its leadership in the 125 cc space with the largest selling motorcycle in the segment of 'Glamour'.

It also reported robust growth in the scooter segment. 

To further earmark its position, the company is planning to launch 15 products across domestic and global market in FY17. From this three motorcycles will be introduced in the market before festive season.

These includes the new Aciever 150cc motorcylce and the Super Splendor and Passion PRO with the Herp patented i3S technology.

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TAGS:
Hero MotoCorpAugust salesAutomobileTwo wheeler
Written By: ZeeBiz WebTeam
Updated: Fri, Sep 02, 2016
12:04 am
Mumbai, ZeeBiz WebDesk
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