Hero MotoCorp Sales Increases By 10% In February At 3,94,460 Units

Exports, however, dipped to 12,143 units from 26,792 units in the year-ago period

Topics

Hero MotoCorp | Hero group | Hero

Press Trust of India  |  New Delhi 



Hero Motorcorp

Photo: Hero Motorcorp twitter handle

').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();

The country's largest two-wheeler maker MotoCorp on Wednesday reported a 10 per cent year-on-year increase in total wholesales at 3,94,460 units in February.

The company had dispatched 3,58,254 units in the same month last year. In the domestic market, its sales rose to 3,82,317 units last month from 3,31,462 units in the same month last year.

Exports, however, dipped to 12,143 units from 26,792 units in the year-ago period.

"The volumes in the month of February indicate the continuously improving consumer sentiment and the company expects the positive trend to continue in the coming months, on the back of favourable economic indicators," MotoCorp said in a statement.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

First Published: Wed, March 01 2023. 23:07 IST


RECENT NEWS

Stablecoin The Future Of Currency?

The payments system is undergoing a quiet but consequential shift. What was once the exclusive preserve of central banks... Read more

BoE Loosens Capital Rules

The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c... Read more

Monzo Looks For US Banking License

Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more

Crypto Firms Push Into US Banking

America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more

Parallel Banking: Stablecoins Are Now Global

Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more