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This is an archive article published on September 1, 2012

Hero MotoCorp sales dip 12% in Aug

The company had sold 5,03,654 units in August,2011,Hero MotoCorp said in a statement.

Country’s largest two-wheeler maker Hero MotoCorp today reported a dip of 11.88 per cent in sales at 4,43,801 units in August.

The company had sold 5,03,654 units in August,2011,Hero MotoCorp said in a statement.

Commenting on its numbers,Hero MotoCorp Senior Vice- President (Marketing and Sales) Anil Dua said: “The dispatch numbers of August reflect the market sentiment.

The two-wheeler industry in the country has been facing a challenging time due to the overall macro-economic situation which has adversely affected retail sales,both in the urban and the rural markets”.

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